Auto Component Manufacturers Start Limited Operations: Lumax, Setco, Pricol, Apollo & More

In light of the government relaxing some rules in order to restart the economy, and the subsequent permissions grants to auto manufacturing plants outside Municipal Corporation limits to begin operations, manufacturers from the Auto Components Industry have announced that they have begun limited operations too.

Auto Component Manufacturers Start Limited Operations: Lumax, Setco, Pricol, Apollo & More

Component majors like Lumax, Setco, Timken, Pricol, and Tyre manufacturer Apollo have partially resumed production with permission of the State Governments and local authorities, subject to compliance of local authority guidelines, rules, and regulations.

Auto Component Manufacturers Start Limited Operations: Lumax, Setco, Pricol, Apollo & More

Auto components supplier, Lumax, has resumed limited operations. A spokesperson for the company said, "The company is taking utmost care and undertaking all the necessary measures and complying with all the conditions imposed by the authorities, including safe distancing, for safeguarding the health of the workforce."

Auto Component Manufacturers Start Limited Operations: Lumax, Setco, Pricol, Apollo & More

Lumax is also making efforts towards achieving normalized levels of operations over the next few weeks while keeping in mind all safety measures and government authorities' directives.

Auto Component Manufacturers Start Limited Operations: Lumax, Setco, Pricol, Apollo & More

Clutch manufacturer Setco Automotive Limited has resumed limited operations at both plants situated at Kalol in Gujarat, and Sitarganj in Uttarakhand.

Auto Component Manufacturers Start Limited Operations: Lumax, Setco, Pricol, Apollo & More

Kerala based Apollo Tyres has a green light from the Kerala government to partially resume operations at its Perambra facility, while Uttarakhand based Pricol has obtained necessary paperwork from the government to start limited operations in the state.

Auto Component Manufacturers Start Limited Operations: Lumax, Setco, Pricol, Apollo & More

While this comes as a welcome move by the Auto Industry, experts are of the opinion that restarting operations with few clusters remaining closed is a big challenge. OEMs will need to assess each node in their supply chain to understand the state of readiness, as well as delivery turn-around time. In addition, labour shortage is another concern.

Auto Component Manufacturers Start Limited Operations: Lumax, Setco, Pricol, Apollo & More

Thoughts About The Auto Component Industry Resuming Limited Operations

The Auto Industry went under an extended lock down upon directives from the government, and is finally able to resume limited operations. The Auto Components industry is part of the whole network. Resuming operations across the country, even if they are limited in nature will bring relief to thousands across the country, and will boost public morale in general. We are thankful that operations across the industry are resuming, even thought they aren't working at capacity.

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Read more on: #auto news
Article Published On: Saturday, April 25, 2020, 15:35 [IST]
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