Coronavirus outbreak set to impact TVS Motor's production by 10% in Feb

According to Crisil estimate, around 18% of automobile component imports and nearly 30% of tyre imports come from China

TVS Motor has said that the outbreak of pandemic Coronavirus (COVID-19) in China will lead to 10 per cent drop in the planned production in February. 

"Coronavirus has led to impact on supply of certain components for production of BS-VI vehicles. China is a key part of the global automobile supply chain," said TVS Motor.

Earlier, the country's largest two-wheeler maker Hero MotoCorp also said that company's production will hit by around 10 per cent during the month of February.

While the company’s direct dependency on China is limited for components, some Tier II suppliers have been impacted adversely which