Working capacity at 25% may be unviable as industry awaits end of lockdown

Auto component vendor Nippon Paint India said that at 25 per cent capacity, it will not even meet plant overhead costs, leave alone company overheads.

Amid concerns in some sectors, like auto, that a staggered opening up of manufacturing capacity to about 25 per cent could be unviable, broad swathes of the industry are readying strategies after the possible partial lifting of lockdown post April 14.
 

These include textiles, mobile device manufacturers, chemicals and cement.
 

The department for promotion of industry and industrial trade (DPIIT) had written to the home ministry a few days ago detailing out a path for staggered lifting of the lockdown in industry and extend it beyond just essential products.
 

It had recommended that big companies in textiles, automobiles and electronics