Hinduja group flagship Ashok Leyland on Monday said it has curtailed production at its manufacturing plants due to dip in demand with second wave of COVID-19 sweeping across the country. The company has carefully studied the demand situation, and efforts are being made to match the demand on the one hand, while being cognisant of the disruptions in the supply situation, Ashok Leyland said in a regulatory filing. "The demand outlook for all our products is expected to be affected temporarily. Accordingly, the operations of our plants have been scaled down and are expected to work for 7-15 days in May. We will continue to respond to the COVID situation in the country as it unfolds," it added.
COVID-19 impact: Ashok Leyland to curtail production across plants
The decision to curtail production has been taken keeping the wellbeing of their employees, their employees' families, customers, dealers and suppliers in mind
BusinessToday.In | May 3, 2021 | Updated 13:25 IST
Hinduja Group's Ashok Leyland has scaled down production at all its plants due to the second COVID-19 wave and dip in demand in the automobile sector. "Accordingly, the operations of our plants have been scaled down and are expected to work for 7-15 days in May. We will continue to respond to the COVID-19 situation in the country as it unfolds," Ashok Leyland said in a BSE filing.