New Delhi: Commercial automobile (CV) producer Ashok Leyland Ltd plans to scale down manufacturing and function vegetation for under 7-15 days in May and to close down the items for the remaining a part of the month, the corporate mentioned in a regulatory submitting on Monday.
“The operations of our plants have been scaled down and are expected to work for 7 – 15 days in May. We will continue to respond to the COVID-19 situation in the country as it unfolds,” it mentioned in an announcement.
The CV maker grew to become the sixth automobile producer, after Hero MotoCorp, Honda Motorcycle & Scooter India, Maruti Suzuki India, Toyota Kirloskar Motor and MG Motor, to announce plant shutdowns amid the second wave of rising COVID-19 circumstances.
India continues to witness greater than 3 lakh new COVID circumstances for 12 consecutive days as complete rely nears 20 million, in response to the well being ministry knowledge. The second wave is predicted not solely to affect the demand outlook for autos briefly but in addition delay the gradual restoration within the demand for small, medium and heavy vans.
“The demand outlook for all our products is expected to be affected temporarily. We have carefully studied the demand situation and efforts are being made to match the demand, while realising the disruptions in the supply situation,” the corporate mentioned.
More on Ashok Leyland
The first unit — Switch Mobility Automotive Ltd — is being fashioned to hold on the electrical automobile technique in India and types a part of its international entity.
It, nevertheless, will proceed to satisfy the requirement of defence autos. It will even guarantee help for important components and aggregates for its fleet of autos plying on the roads for the motion of important items and companies. It has additionally arrange a 24-hour helpline to make sure decreased downtime for the autos.
Ashok Leyland’s home wholesales stood at 7,961 items for the final month as towards 13,141 items offered in April 2019 and 11,951 items offered in April 2018. Volumes for the corresponding interval final fiscal have been nil on account of the nationwide lockdown.
Adding that the corporate is dedicated to the wellbeing of its officers, their households and the prolonged ecosystem, together with prospects, sellers and suppliers, it mentioned, “our emergency response team, a high level task force responsible for managing COVID-related protocols, has revisited all the standard operating procedures and is ensuring their implementation.”
