Company will restart production in line with demand after preparing supply chain.
Impacted by customers in various sectors shutting operations
It has been nearly a month since automakers suspended operations across their plants as Covid-19 pandemic spread across the country
Supply chain glitches and unavailability of labour also a deterrent
The globally proven diagnostic kits worth Rs 4 crore have been imported from South Korea
Tens of thousands of workers who returned to villages are now similarly weighing whether to return at the end of the lockdown, which Modi this week extended to May 3.
BMW Motorrad motorcycle sales, however, rose 71.52 per cent to 1,024 units during the first quarter of the year as compared with 597 units in January-March period last year.
State invokes powers under Factories Act to extend maximum hours to 12 from eight earlier; Other states may follow as move is aimed to ensure production isn't impacted due to reduced workforce
The nationwide lockdown imposed till April 14 has brought production to a standstill, and will hurt even more if it is extended.
Most of the exporters have the required manpower and had sourced the raw material before the lockdown. All they need now is permission to produce their goods
As India manages life under a 21-day lockdown, the government and the RBI have moved to help the economy and the poorest. A look at who gains from these moves and who loses out
However, it is maintain the timeline for the C-Cubed programme, under which the first vehicle designed, developed and made in India would be launched in 2021
Dealers are hoping their petition will be heard this week, though sources said it was unlikely to come up before March 31
Two-wheeler space worst hit, given higher BS-IV inventory
Haryana government on Sunday announced lockdown in seven districts, including Gurgaon, of the state until March 31
Maruti and M&M had already announced suspension of manufacturing operations
Maruti Suzuki India (MSI), the country's largest carmaker, said it was suspending production at its facilities in Haryana "till further notice"
...learnings for the automobile industry from the coronavirus emergency
The Korean auto major invested around Rs 1,000 crore in the new product, which is made in India for the domestic and global markets
Dealers are facing a new challenge with the Coronavirus cases being detected in India and an alarming drop in customer walk-ins in auto showrooms