Sharda Motor Industries announced that the entire business operations carried out at a unit of the company located at Plot No. 558-559 Surajpur Bye Pass Industrial Area, Greater Noida, Uttar Pradesh for manufacturing and supply of canopy(ies) as original equipment manufacturers i.e. for Maruti Suzuki and Mahindra & Mahindra has been discontinued due to the following reasons:
1. Maruti Suzuki business for model 'Gypsy' was discontinued due to demerger of seating business of the company.
2. Production and supply facility for Mahindra & Mahindra business are being shifted to Nasik - unit located in state of Maharashtra.
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