India’s largest carmaker Maruti Suzuki India private made its entry in the fight towards fighting the on-going coronavirus pandemic and has announced a Joint venture with AgVa Healthcare an existing approved ventilator manufacturer to produce Ventilators and Protective equipment in order to support the medical personnel and first responders.
This arrangement has been made after the honourable prime minister of India Mr Narendra Modi requested every major corporate firm to contribute their skills in order to fight the on-going Coronavirus outbreak.
Under the JV Maruti Suzuki along with AgVa Healthcare will produce over 10,000 units of ventilators and other personal protective equipment in a month. To make this easier AgVa Healthcare will take care of all the technology, performance and related matters for all the ventilators produced and sold by them. While Maruti will use its supplier out space to produce the required amount of products and their quality control.
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MSIL will also help in arranging the required financing and obtaining all the required permissions and approvals in order to stimulate higher production.
The JV would between Krishna Maruti Limited and Ashok Kapur would comprise of manufacturing 3-ply masks to supply to central as well as state governments. The production is expected to start as soon as the required approvals are received.