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Minda Industries suspends manufacturing ops in Northern India, Rajasthan and Maharashtra

Capital Market 

Due to COVID-19

Minda Industries has been taking all proactive, precautionary and pre-emptive measures at all their offices and manufacturing locations to ensure employee safety and containing the spread of COVID19. The Company has also been following all advisories from Government.

In light of heightened concern on spread of COVID-19 in select districts in India, Government directives and certain OEMs announcing production closure, it has been decided to suspend the manufacturing operations in Northern India, Rajasthan and Maharashtra till further notice. The duration of this shutdown will depend on Government policy. Production at other domestic locations continues and any further development will be informed promptly.

At the company's overseas operations, production volumes at Spain, Mexico and ASEAN have been significantly impacted. At Global engineering and development centres' in Europe, work from home has been implemented.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 23 2020. 09:25 IST