Ashok Leyland reduces production amid second wave of Covid-19

Automobile manufacturing major Ashok Leyland has scaled down production across its plants in India on the back of reduced demand amid the second wave of Covid-19 in the country. In a regulatory filing, Ashok Leyland said that after studying the demand situation, the company is making efforts to match the demand and also being cognizant of the supply disruptions. At the same time, the company would continue to meet the requirement of defence vehicles and also ensure support of essential parts and aggregates for commercial vehicle portfolio, ensuring the movement of essential goods and services, the Chennai-based company noted. With a surge in Covid-19 cases across the country, various auto companies have either taken a temporary break from production for a few days or have scaled-down manufacturing to adjust inventory with a dip in demand. The company, which is the second-largest commercial vehicle maker in the country, noted that it is committed to the wellbeing of its personnel, their families and the extended ecosystem, including customers, dealers and suppliers. Ashok Leyland said its emergency team and a high-level task force responsible for managing the Covid-19 related protocols have revisited all the standard operating procedures and ensured implementation of the same. Vaccination of employees and families is being monitored and enabled through vaccination camps across all facilities, it added. Image Source Also read: Covid-19 second wave: Corporate firms in Gujarat shut headquarters