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Customers left waiting

By:Bloomberg/Mumbai |Published :August 19, 2010
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Utkarsh Parasrampuria, a Mumbai jewellery designer, has waited about three months to receive his new Volkswagen AG Polo. He's still not sure when it will arrive.

"This just goes on and on," said Parasrampuria, 25, who put down a deposit for his Rs 580,000- ($12,400) Polo in May. "I'm seriously considering getting a different car now."

 

Suzuki Motor Corp and Hyundai Motor Co, the two biggest carmakers in India, have also introduced waiting lists on some models, as a dearth of batteries, engine castings and other parts forces automakers to curb production in Asia's third-largest automotive market. Tata Motors Ltd is importing tyres from China after local component suppliers failed to anticipate a surge of more than 30 per cent in Indian car sales this year.

"At least for the next three to four months, the problems won't get resolved," said Pawan Goenka, head of the Society of Indian Automotive Manufacturers (Siam) and president at Mahindra & Mahindra Ltd, the nation's largest sport-utility maker.

Mahindra made 12 per cent fewer vehicles than it wanted to in the quarter ended June because of the parts shortage, Goenka said. Maruti Suzuki India Ltd, the country's largest carmaker, has waiting lists of as much as a month for its Swift and Dzire models. Hero Honda Motors Ltd, the largest motorcycle maker, couldn't make as many as 80,000 motorbikes in the second quarter, said Anil Dua, the company's marketing head.

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