Ashok Leyland expects plants to be operational for 6-25 days in July



Commercial vehicles major on Tuesday said its manufacturing plants across the country would be operational between 6-25 days in July.


The Chennai-based company noted that the overall market demand in July is better than in June this year.


“Consequently, our plants will be working for more days in July compared to May and June, ranging from 6 to 25 days across various plant locations,” said in a regulatory filing.


On June 1, the company had announced that its manufacturing plants will be operational only for up to ten days in the month due to lower demand and lockdown in states where its plants were located.


In May, had said it has curtailed production at its manufacturing plants due to a dip in demand with the second wave of COVID-19 sweeping across the country.


The company has carefully studied the demand situation, and efforts are being made to match the demand on the one hand while being cognisant of the disruptions in the supply situation, it had said.


The Hinduja group flagship firm has a presence across domestic and international markets.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *