Hero MotoCorp on Monday said that it was starting operations in a graded manner at three of its manufacturing plants — Gurugram and Dharuhera in Haryana, and Haridwar in Uttarakhand, and additionally the Global Parts Center (GPC) at Neemrana in Rajasthan. These manufacturing plants reopened on Monday and production at these facilities will commence from Wednesday. The company in a statement said that only the essential staff would come to work at all the other facilities and corporate offices, observing social distancing and all prescribed safety measures. The remaining employees across…
Read MoreDay: May 2, 2020
Allow entire value chain in the automotive sector to start operations: Auto industry bodies
Three industry bodies of the automotive sector, SIAM, ACMA, and FADA, on Friday, asked the government allow the entire value chain in the auto industry to re-commence operations in unison. In a joint representation to Home Secretary Ajay Kumar Bhalla, the Society of Indian Automobile Industry (SIAM), Automotive Component Manufacturers Association of India (ACMA) and Federation of Automobile Dealers Associations (FADA) said if any of the segment does not commence operations the value chain will not be able to re-start. They also said the sector is losing revenue to the…
Read MoreAuto Companies Report Zero Domestic Sales in April 2020
For the first time in the history of the automobile industry, companies have reported zero domestic sales and limited exports, as factories remain closed due to the Covid-19 lockdown. For instance, the country’s largest passenger car maker Maruti Suzuki India on Friday said it reported zero sales in the domestic market in April. This was as a result of it complying with the government order to close all production facilities, it said. “Meanwhile, following the resumption of port operations, the first export shipment of 632 units was undertaken from the…
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