Ashok Leyland reduces production amid second wave of Covid-19
ROADS & HIGHWAYS

Ashok Leyland reduces production amid second wave of Covid-19

Automobile manufacturing major Ashok Leyland has scaled down production across its plants in India on the back of reduced demand amid the second wave of Covid-19 in the country.

In a regulatory filing, Ashok Leyland said that after studying the demand situation, the company is making efforts to match the demand and also being cognizant of the supply disruptions.

At the same time, the company would continue to meet the requirement of defence vehicles and also ensure support of essential parts and aggregates for commercial vehicle portfolio, ensuring the movement of essential goods and services, the Chennai-based company noted.

With a surge in Covid-19 cases across the country, various auto companies have either taken a temporary break from production for a few days or have scaled-down manufacturing to adjust inventory with a dip in demand.

The company, which is the second-largest commercial vehicle maker in the country, noted that it is committed to the wellbeing of its personnel, their families and the extended ecosystem, including customers, dealers and suppliers.

Ashok Leyland said its emergency team and a high-level task force responsible for managing the Covid-19 related protocols have revisited all the standard operating procedures and ensured implementation of the same.

Vaccination of employees and families is being monitored and enabled through vaccination camps across all facilities, it added.

Image Source


Also read: Covid-19 second wave: Corporate firms in Gujarat shut headquarters

Automobile manufacturing major Ashok Leyland has scaled down production across its plants in India on the back of reduced demand amid the second wave of Covid-19 in the country. In a regulatory filing, Ashok Leyland said that after studying the demand situation, the company is making efforts to match the demand and also being cognizant of the supply disruptions. At the same time, the company would continue to meet the requirement of defence vehicles and also ensure support of essential parts and aggregates for commercial vehicle portfolio, ensuring the movement of essential goods and services, the Chennai-based company noted. With a surge in Covid-19 cases across the country, various auto companies have either taken a temporary break from production for a few days or have scaled-down manufacturing to adjust inventory with a dip in demand. The company, which is the second-largest commercial vehicle maker in the country, noted that it is committed to the wellbeing of its personnel, their families and the extended ecosystem, including customers, dealers and suppliers. Ashok Leyland said its emergency team and a high-level task force responsible for managing the Covid-19 related protocols have revisited all the standard operating procedures and ensured implementation of the same. Vaccination of employees and families is being monitored and enabled through vaccination camps across all facilities, it added. Image Source Also read: Covid-19 second wave: Corporate firms in Gujarat shut headquarters

Next Story
Infrastructure Urban

We operate 100 smart buses serving 30,000 passengers daily

Aurangabad, known as the ‘City of Gates’ owing to its historical monuments and Mughal heritage, is equally renowned for its industrial development, with a nominal gross district domestic product (GDDP) of Rs.988.04 billion. As growth has progressed, there has been a focus on enhancing the standard of living, prompting key initiatives, including the award-winning Majhi Smart  Bus Initiative. G Sreekanth (IAS), CEO, Aurangabad Smart City Development Corporation Ltd (ASCDCL), discusses the city’s ongoing and upcoming developments in conversation  with NEHA YADAV.Recent news h..

Next Story
Infrastructure Energy

Sterling and Wilson Secures Rs 12 Bn Solar EPC Contract in Gujarat

Sterling and Wilson Renewable Energy has been awarded a Rs 1,200 crore contract for a 500-megawatt (MW) solar photovoltaic (PV) project in Gujarat, strengthening its foothold in India’s renewable energy sector. The engineering, procurement, and construction (EPC) contract encompasses the design, engineering, and installation of balance-of-system (BoS) components with single-point responsibility. It also includes operations and maintenance (O&M) services for three years. “We are delighted to secure this significant order, which will aid India, especially Gujarat, in its transition to clean ..

Next Story
Infrastructure Energy

NTPC Green Energy Signs MoU with Bihar Government

NTPC Green Energy (NGEL), a subsidiary of NTPC, has entered into a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during the Bihar Business Connect 2024 Global Investors’ Summit held on 20 December 2024 in Patna. The MoU outlines plans for substantial investments in Bihar to establish various renewable energy projects, including: Ground-mounted and floating solar installations Battery energy storage systems Green hydrogen mobility initiatives The Bihar Government will assist by facilitating necessary approvals, permissions, registrations, and cleara..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000