Govt approves closure of Scooters India
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The firm has around 100 employees.
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The firm has around 100 employees.
The government has approved closure of loss-making state-owned firm Scooters India Limited and shutting down the operations of its units, the company said on Thursday. PTI had reported a week ago that the Cabinet Committee on Economic Affairs (CCEA) is believed to have given its consent to the closure of the Lucknow-based company. In a BSE filing, Scooters India said the Ministry of Heavy Industry and Public Enterprises has communicated that the competent authority has approved the closure. It has also cleared seeking a loan (with interest) of ₹ 65.12 crore required for the closure from the Government of India.
Updated Jan 23, 2021 | 12:48 IST
Lambretta and Vijai Super two-wheelers drove a generation of Indians and the company which manufactured the iconic vehicles, Scooters India Ltd, has been shut down by the government Innocenti Lambretta-125 (mid 60s) I Source: Wikicommons | Photo Credit: Representative Image
For those of us who are not particularly familiar with these two brand names Lambretta, Vijai Super produced by Scooters India, might have at some point seen an old two-wheeler from a previous time rusting in a parking lot somewhere. There’s a good chance that this vehicle is probably a Lambretta or a Vijai Super manufactured by Scooters India Ltd (SIL).
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They said it wasn t normal for you know. we accepted that the east german authorities wanted to solve these problems themselves. as it was and he was sort of a second stamp. the ambassador was told that the perpetrators had been near nazis. that wasn t news to him back then. the. norm is that it s the b.s. that was normal these were very small groups on educated skinheads going to maybe you know ads. near nazis had brutally killed a mozambican citizen they were put on trial but the punishment ridiculously lenient than normal lambro i think some were sentenced to between two and five years but not all of them have been said that some have gone home so i know. we re heading to manuel deo goes home his family lives in the province of monica on the border with
Is that it s a b.s. that was normal these were very small groups and educated skinheads well it was maybe it s you know it s near nazis had brutally killed a mozambican citizen they were put on trial but the punishment ridiculously lenient than normal lambro i think some were sentenced to between two and five years but not all of them have been sent the some have gone you know say. we re heading to manual deal goes home his family lives in the province of monica on the border with zimbabwe his sisters and his mother tell us why a minimal diogo went to east germany in the early eighty s he wanted to get a good education which was to be the foundation of a better life he wanted to lift his family out of poverty. remember. we re not in the money. like you are not good and. you know what he