Ashok Leyland reduces production amid second wave of Covid-19
ROADS & HIGHWAYS

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

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

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement