Monday, July 6, 2020
News

HMSI resuming production at plants from Monday

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | Friday, 2020 4:45:05 AM IST
Two-wheeler major Honda Motorcycle & Scooter India (HMSI) said it will resume production operations from Monday.

The company will resume production at all its four plants in two phases.

Production will resume in a phased manner starting May 25 from its biggest plant in Narsapura in Karnataka followed by other three plants from 1st week of June, the company said in a statement.

"To keep the business continuity in accordance with the guidelines issued by the government, 100 per cent of Honda's 300+ supplier plants too have received the necessary approvals to resume their operations. Honda suppliers are now in advance stages of resuming production."

In addition, the company said that on market demand side, over 60 per cent of Honda dealers have by now resumed their sales and service operations.

"Initial enquiries, though still subdued compared to the pre-lockdown period, are picking up momentum every day.

"Hence, strategically aligning supply chain with market demand and a vailable BS-6 inventory across its network, Honda is set to resume production from its 4 factories in a staggered manner from 25th May 2020."

--IANS rv/sn/vd

( 193 Words)

2020-05-21-22:41:15 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Vroom Drive launches franchise program...
'Limit bank services to essentials, give...
Top Air India officials to retire, squab...
FAO warns India of locust attack, choppe...
Prism Johnson divests 51 pc stake in Rah...
Adani signs pact with Kalpataru for acqu...
More...
 
INDIA WORLD ASIA
Sawan month begins, but no Kanwariyas in...
UP police increase bounty to Rs 2.5 lakh...
SC imposes Rs 100 fine, dismisses plea t...
Arvind Kejriwal urges recovered COVID-19...
Education in Bengal has taken nosedive, ...
Delhi HC to hear on July 13 final argume...
More...    
 
 Top Stories
Taj Mahal not to reopen, for now... 
Global COVID-19 cases top 11.4mn: J... 
276 new COVID-19 cases in Bihar... 
Two killed in car accident in Dehra... 
Rahul Gandhi does not work, just ke... 
Bhima Koregaon case: SC sets aside ... 
IMD predicts thunderstorms in parts... 
Virat Kohli has set fitness bar for...