India’s largest two-wheeler manufacturer Hero MotoCorp has halted its production. The reason cited for the halt is due to the rapidly increasing cases of Covid-19.
During this period the company is planning to conduct its annual maintenance services which takes place twice a year. Hero MotoCorp had taken similar steps last year and suspended its production from April 22nd till the first week of May 2020.
According to a statement issued by the homegrown two-wheeler manufacturer- Each of its plants including its Global Parts Centre will remain closed for 4 days. The closure to will be carried out in a phased manner.
“The company will utilize these shut-down days to carry out necessary maintenance work in the manufacturing plants. The shutdown will not impact the company’s ability to meet the demand, which has been impacted due to localized shutdowns in many states and production loss will be compensated during the remainder of the quarter. All plants will resume normal operations post this short shutdown period,” the statement further added.
The statement also added that all the plants will be operational as per usual after this brief shutdown. The brand also claims that this decision will not impact their ability to meet the ongoing demand and all the losses will be made up during the remaining quarter.