Almost all passenger vehicles, commercial vehicles and two and three-wheeler makers have announced suspension of production, with the Central and State governments intensifying measures against the Covid-19 outbreak by banning people and vehicle movements across the country.
While North and West India-based vehicle makers such as Maruti Suzuki, Mercedes-Benz, Mahindra, Honda and Bajaj Auto halted production on Sunday, most South-based companies such as Hyundai, Toyota, Renault-Nissan, Kia Motors and TVS Motor announced, on Monday, that they would be stopping production at their factories from March 23.
Hyundai Motor India said it will be suspending manufacturing operations at its Chennai factory from Monday till further notice.
Renault Nissan’s joint passenger vehicle unit at Oragadam near Chennai will be temporarily halting its operations from March 24, until further notice.
Kia Motors India will also halt all operations with immediate effect. With this, its manufacturing facility in Anantapur (Andhra Pradesh) and office premises will stop functioning until further notice.
Denne historien er fra March 24, 2020-utgaven av The Hindu Business Line.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra March 24, 2020-utgaven av The Hindu Business Line.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Covid Presents An Opportunity For India
India must attract investors exiting China post-Covid. Streamlining of project clearances and relaxation in FRBM norms will help
Did Alternative Assets Shield You From Covid-19 Volatility?
The assets closely linked to stock and debt markets could not stave off the losses
How To Put Aircraft To Bed
Preserving grounded planes, to get them up and flying at short notice, is a challenging task. Ashwini Phadnis captures the process
There Can Be No Going Back On WFH
Covid-19 has fast-forwarded the shift to ‘work from home’. However, some face-to-face connect will always be needed
UN, WHO Urged To Ensure ‘Benefit Sharing' Of Covid-Related Data
Biopharma firms should reach vaccines, medicines to poor nations at an affordable price, say civil society bodies
With No Clear Signal From Rlys, States Explore Ways To Bring Back Migrants
Quarantine centres, cross-country buses being arranged even as migrants hop on to boats, trucks and ambulances
Centre Allows All Neighbourhood Shops To Open But With Riders
Final call will be taken by local authorities; shopping complexes that draw fewer ‘outsiders’ are permitted to operate
Covid Impact Relatively Muted In India
Compared to Italy and the US, India’s rate of infection spread has been slow. This can be attributed to the strict measures in place
How Global Trade Will Fare Post-Covid
China isn’t likely to lose its pre-eminent position soon. India, for one, will need to make manufacturing globally competitive
How To Curb Harassment In The Virtual Office
Training and sensitisation are essential. Institute a strict dress code and chat etiquette to ensure professionalism during video calls