- 1 hr ago Isuzu D-Max Regular Cab & S-Cab Prices To Be Hiked From 1 April: Here Is The New Price List!
- 4 hrs ago Dual Front Airbags Mandatory On All Cars From 1 April: Here Are The Details!
- 4 hrs ago 2021 Volkswagen T-Roc To Go On Sale Soon In India: Expected To Get Massive Price Hike
- 20 hrs ago New Audi S5 Sportback Teased Ahead Of India Launch: Here Are The Details!
- News Uncovering truth behind Mansukh's death crucial for MVA: Sanjay Raut
- Finance Essel Group: GST Officers Arrest Two for Passing Bogus ITC Worth Rs 392 Crore
- Sports India vs England, 4th Test: Wasim Jaffer rubbishes pitch talks, tells English batters to score runs
- Movies Rakhi Sawant On Rubina Dilaik And Abhinav Shukla: They Are Only Close Because Of Me
- Lifestyle Disha Patani Turns Makeup Artist For Herself For A Brand Shoot And The Result Is Absolutely Amazing!
- Technology Possible Realme 8 Shows Up At Geekbench; Hints SD 720G SoC Instead Of MediaTek Helio G95 SoC
- Education Indian Coast Guard Admit Card 2021 For Navik And Yantrik To Release Soon
- Travel 10 Best Places To Visit In Nagaland In March
Bajaj Auto has received the nod from local authorities to restart production and resume operations at two of its facilities in India. This includes the Waluj, Aurangabad facility in Maharashtra and the plant in Rudrapur, Uttarakhand.
The restart of production operations is part of the new guidelines from the Ministry of Home Affairs. The new regulations allow industrial establishments in rural areas to open operations from the 20th of April 2020.
The two Bajaj Auto facilities will follow all the guidelines set by the Ministry and ensure the safety of their employees are taken care of. ET Auto reported that Bajaj Auto has received an approval for 850 workers to get back to work at its Waluj plant in Aurangabad.
The company will start production of knocked-down kits of motorcycles and other commercial vehicles for the export market. The start of production for the export market will help ease the ongoing cash flow challenges. Rajiv Sharma, Executive Director, Bajaj Auto also stated that the company currently has Rs 1000 crore worth of export orders pending.
Bajaj Auto exports almost 50 per cent of its total production to international markets. This includes Latin America, Africa and other South-East Asian countries as well.
Bajaj Auto, will have to keep their Chakan plant closed at least until the 27th of April, 2020. The Maharashtra government withdrew its decision to allow operations to restart around Pune recently.
Both, the Municipal Commissioners of Pune and Pimpri-Chinchwad Municipal Corporations have sealed all the areas under their jurisdiction until the 27th of April. This is due to concerns regarding the rising cases of COVID-19 in that area. The authorities will allow supply of essential goods to the areas only if employees are staying within the campus.
Bajaj Auto also stated that they have sufficient inventory of BS6 vehicles to cater to the domestic market. Hence, production operations at their facilities will concentrate mainly on exports alone.
Thoughts About Bajaj Restarting Production Operations Amidst COVID-19 Lockdown
Bajaj has slowly restarted production operations at its plant with a limited number of employees. The restart of production, even in limited numbers will help the company ease the cash crunch and offer financial relief, especially after having shut operation for over a month due to the lockdown.