Ashok Leyland’s manufacturing has been affected owing to lockdown in lots of states
Commercial automobiles main Ashok Leyland on Tuesday introduced that its manufacturing crops shall be purposeful for less than 10 days within the month of June due to sluggish demand and lockdown in states the place its crops are located.
“Our plants are still not fully operational due to lockdown that is ongoing in the states where our plants are located. We expect the opening up announcements by the respective state governments in a phased manner, resulting in impact of our operations in the month of June 2021 also,” the corporate knowledgeable in a regulatory submitting.
The industrial automobiles main mentioned that demand is but to choose up due to lock down.
“In view of the above, we expect that our plants will be operational only for 5-10 days, for the month of June 2021,” the corporate mentioned.
Last month, Ashok Leyland had introduced that it has curtailed manufacturing at its manufacturing crops due to fall in demand with the second wave of Covid-19 sweeping throughout the nation.
The firm has fastidiously studied the demand scenario and efforts are being made to match the demand on the one hand, whereas being cognisant of the disruptions within the provide scenario, it mentioned.
