Suzuki Motorcycle India halts production after hit by cyberattack
By MYBRANDBOOK
Suzuki Motorcycle India has been forced to halt production at its factories after being hit by an alleged 'cyber-attack' on its operations. As per reports, the production has been stalled since 10 May, and may have estimated to have incurred a production of loss of over 20,000 vehicles during this time.
Suzuki Motorcycle, a few days ago, even informed its ecosystem that it has postponed its annual supplier conference, which was scheduled to be held next week, citing an 'unprecedented business requirement'.
“We are aware of the incident and have promptly reported the same to the concerned Government department. The matter is currently under investigation, and for security purposes, we are unable to provide further details at this point in time," a Suzuki Motorcycle India spokesperson was quoted as saying.
In FY 2023, Suzuki Motorcycle was the country’s fifth largest two-wheeler producer. Suzuki Motorcycle is a key export hub for Suzuki Motor Japan, with 20% of the Indian output catering to key global markets.
In FY 2022, India accounted for 50% of the global output of Suzuki Motor Corporation. The firm's global output surged by over 2.2 lakh units in FY23, and almost 85% of incremental volumes came from India.
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