More Indian companies suspend productions
The Indian manufacturing industry reacts to outbreak COVID-19
A couple of days ago, SIAM (Society for Indian Automobile Manufacturers) and ACMA (The Automotive Components Manufacturers Association of India), have advised all OEMs to halt their operations. With this advisory, most of the OEMs have suspended their production including Honda Cars India, Maruti Suzuki India, Hyundai Motor India, etc.
In its statement, Hyundai India said, “Keeping this in mind, Hyundai Motor India Ltd will be taking the preventive counter-measure of suspending its Manufacturing operations at the Chennai facility from Monday, 23rd March 2020 till further notice to stop the spread of coronavirus (COVID-19) - a global pandemic. We will await further notifications from State Government to resume plant operations.”
Hero MotoCorp has decided to halt operations at all its global manufacturing facilities – including in India, Colombia and Bangladesh - and the Global Parts Centre (GPC) at Neemrana with immediate effect until March 31, 2020. It said in the statement, “Employees at all the other functions and locations including the Centre of Innovation and Technology (CIT) in Jaipur in the northern Indian state of Rajasthan will continue to work from home, except for those whose physical presence is necessary to run the day-to-day essential services.”