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Automobile manufacturer Mahindra launches its Oxygen on Wheels initiative:Read more

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Indian auto manufacturer Mahindra and Mahindra has launched its Oxygen on Wheels (O2W) initiative in Chennai from today. Mahindra Group’s Chairman Anand Mahindra took to Twitter today to confirm that the initiative is now live in as many as eight cities in India.

Mahindra’s Oxygen on Wheels is an initiative to provide logistics support that enables oxygen cylinders to reach hospitals and medical facilities. The initiative was first launched in Maharashtra at a time when the country was facing acute shortage of oxygen amid rising cases of Covid-19.

Anand Mahindra wrote, “We add our 8th city for delivering oxygen cylinders to hospitals and medical centres. We keep adding more locations as we fight the second wave together.”

Last week, Mahindra’s Oxygen on Wheels was launched in Hyderabad, the first city in the southern part of the country where the initiative has gone live. Mahindra has said that it is planning to expand its operations to other cities in the coming days.

Mahindra has converted hundreds of its Bolero pickup truck which now play the part of a delivery van of oxygen cylinders. According to Mahindra, the company has so far delivered more than 23,000 oxygen cylinders to hospitals or other medical facilities since the initiative kicked off

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Get ready to pay more for purchasing Maruti Suzuki Cars: Read hiked rates

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Maruti Suzuki plans to increase the prices of its vehicles in the July-September quarter as the company has to deal with high input costs. In a regulatory filing, the company said that in the entire last year, the cost of the company’s vehicles continued to be adversely impacted due to the rise in various input costs.

“Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price rise,” it said.

The company further added that the price rise has been planned for the second quarter of this fiscal and the increase shall vary for different models.

It had earlier raised prices for different car models in April. Several vehicle makers have raised prices amid the pandemic as input costs have increased. Further, the decline in sales amid the pandemic has also impacted the industry.

However, with the situation easing across various states, restrictions are likely to ease and automakers would move back to normalizing the operations.

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