Semiconductor crunch, long waiting periods pushing the resale value further up2 min read . Updated: 29 May 2022, 07:44 AM IST
- Disruption in the supply chain has adversely affected the production of cars
- Long waiting periods has caught on the patience of prospective customers
The Economic Survey for 2021-22 stated – Shortage of semiconductors led to closure or lowering of production by several firms from diverse industries. The report recognized Semiconductors as integral part of technology used in automobiles and its components, electronics etc. Such disruption in the supply chain has adversely affected the production of cars that offer increasing integration of connected features, infotainment and intelligent safety systems.
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