Hero MotoCorp to extend production shutdown at facilities in India

Date: 2021-05-10   Author: Pankaj Singh  Category: #news

Hero MotoCorp to extend production shutdown at facilities in India

Hero MotoCorp, a motorcycle and scooter manufacturer, has reportedly announced plans to extend the production shutdown across its manufacturing facilities in India. The decision comes amid the rapid surge in COVID-19-infection cases in the region over the last few weeks.

Most recently, the two-wheeler manufacturer has issued a statement about the temporary closure of facilities including the GPC (Global Parts Center) in Neemrana and the CIT (Centre of Innovation and Technology) in Jaipur. The company had decided to halt its production in a phased manner from 22nd April to 1st May, which was later extended till 9th May.

The temporary shutdown measures were imposed at Hero MotoCorp's 6 manufacturing units at Dharuhera & Gurugram in Haryana, Halol in Gujarat, Neemrana in Rajasthan, Haridwar in Uttarakhand, and Chittoor in Andhra Pradesh. The company has reportedly cited that it is consistently monitoring the situation and is prepared with the business continuity plans to ensure rapid resumption and scale-up of operations as and when the COVID-19 situation improves.

The latest announcement to extend the facility shutdown is likely to impact the company’s output. Due to the rapid decline in demand over the past months, several manufacturers have also scaled down their production. Its impacted facilities have a production capacity of 90 lakh units per year in total.

For the record, Hero MotoCorp is the 2nd vehicle manufacturer to announce the facility shutdown extension amid the coronavirus pandemic over the past few days. Prior to the company, Maruti Suzuki, Maruti Suzuki, India’s largest carmaker, has announced a planned maintenance extension across its facilities in Haryana to 16th May. The carmaker may witness a steep decline in demand for its vehicles and consider scaling down its production across the country due to the partial lockdown and curfew being imposed in several states across the country.

Source credit:

https://auto.hindustantimes.com/auto/news/after-maruti-hero-motocorp-too-extends-production-shutdown-amid-covid-surge-41620615231714.html



About Author


Pankaj Singh linkdin-boxtwitter

Pankaj Singh

Pankaj Singh Develops content for Algosonline, Market Size Forecasters, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With exp...

Read More

Post Recommendents

Mermaid Tails Market 2021-2026 analysis examined in new Industry research report

Author: Partha Ray

The Global Mermaid Tails market study focuses on major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides informati...


Hydraulic Torque Market 2021 Global Outlook, Research, Trends and Forecast to 2026

Author: Partha Ray

Global Hydraulic Torque Market Report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the...


Carbon Graphite Brush Market likely to touch new heights by end of forecast period 2021-2026

Author: Partha Ray

Carbon Graphite Brush market report gives attention to market segmentation, market size, and forecast of 2021-2026 to help stakeholders in making a good decision for the future investments. Carbon Graphite Brush industry report segmented into typ...