Maruti Suzuki India is all set to restart the production of vehicles at its Manesar plant on Tuesday, the 12th of May. The COVID 19 outbreak did affect the country’s economy greatly but now the country is trying to get back on its foot. Economic activity is gradually resuming with selected companies getting back in action.
The country’s largest car maker, Maruti Suzuki, has given the assurance that all the activities would be strictly carried out following the rules and regulations laid out by the government and also in line with high safety standards of the company.
“Maruti Suzuki India Limited would re-start the production of vehicles at its Manesar plant from May 12. All activities would be carried out strictly in accordance with the government regulations and guidelines and observing the company’s own concern for the highest standards of safety.”, said the company in a filing to stock exchanges.
Owing to the losses suffered by the country’s automobile industry due to the corona virus triggered lockdown, Maruti Suzuki India reported zero domestic sales for the month of April. This was the very first time that the country’s largest car maker, Maruti Suzuki India, posted zero sales in a month in the domestic market.
Meanwhile, India has now secured the 13th position among the list of countries most affected by the outbreak of COVID 19. Now, in accordance with the health ministry figures, India counts a total of 52,952 cases of coronavirus with more than 1,700 deaths. The count is rapidly increasing and according to many medical researches, it shall increase even more during June-July.
“At 11:15am, the shares of Maruti Suzuki were trading 0.3 per cent lower at Rs 4,825 on the BSE. The shares had opened at Rs 4,925 and have touched an intra-day high of Rs 4,937 and a low of Rs 4,810 thus far. The BSE Sensex had shed 190 points and the NSE Nifty had lost 51 points at the time.”, reflects the stock market.