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

What Industry Wants!

The construction industry is gearing up for Budget 2025 with high expectations. As one of India’s key economic drivers, the sector is eagerly anticipating reforms and policies to address pressing challenges such as high input costs, funding gaps, and sustainability demands. Industry leaders across real estate, infrastructure, construction materials, and logistics have shared their wishlists, urging the government to focus on GST rationalization, increased CAPEX, and green initiatives.This year’s budget presents an opportunity for the government to not only tackle existing bottlenecks but a..

Next Story
Infrastructure Urban

Messe Stuttgart, Startup India Tie-Up to Boost Funding

The logistics market in India is poised for significant growth, with a projected revenue of $357.3 billion by 2030. Despite this huge potential, a recent McKinsey & Company report highlights the decline in logistics funding following the pandemic that remains a significant concern. After receiving unprecedented funding of $25.6 billion in 2021, venture capital investment in logistics startups fell sharply to $2.9 billion in 2023—a nearly 90 per cent decrease, marking the lowest since 2015. This pullback from investors is attributed to several factors, including high interest rates, a glo..

Next Story
Infrastructure Transport

JK Tyre Strengthens Road Safety Commitment

Reinforcing its unwavering commitment to road safety, JK Tyre & Industries, a leader in the tyre manufacturing industry, partnered with the Delhi Traffic Police to organise a comprehensive Road Safety Awareness Week. This initiative, held as part of National Road Safety Month (January 1–31, 2025) spearheaded by the Ministry of Road Transport and Highways (MoRTH), aimed to foster responsible driving habits and reduce road accidents. Under the theme ‘Sadak Suraksha Jeevan Raksha,’ the initiative commenced on January 16, 2025, at the Delhi Police Traffic Training Park, BKS. The program feat..

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