Hero MotoCorp Temporarily Shuts Down Factories Due To Coronavirus
The company will conduct maintenance to its facilities during the downtime.
History tends to repeat itself. While this statement has been said countless times, it couldn't ring any truer, especially in India. The tech giant, and one of the biggest motorcycle markets in the entire world has been struck by a rather fierce second wave of COVID-19 infections in recent weeks. Just the other day, on the 20th of April, India logged a frightening 295,000 new cases of the virus.
Although an increase in the overall number of coronavirus cases has been logged in multiple countries in Europe and Asia, India seems to be having the worst time as far as far as overall transmissions are concerned. Despite the government and the private sector's combined efforts in vaccinating the population, it would appear that this deadly second wave of COVID-19 will have to be addressed before vaccinations can continue. That said, the private sector is doing its part in trying to curb the spread of the virus.
In Case You Missed It:
Apart from offering free vaccines to its employees, has announced that it will temporarily shutdown all of its manufacturing facilities in a bid to stem the tide of COVID-19 infections. All of the company's factories, including that of Hero Electric will temporarily suspend operations, and in the meantime, conduct maintenance on all machinery and equipment. The Haridwar, Dharuhera, Gurgaon, Neemrana, and Vadodara factories are expected to be closed between the 22nd of April and the 1st of May.
Amid growing concerns of the virus, as well as the opportunity loss as a result of the temporary shutdown, Hero MotoCorp remains optimistic that it will be able to compensate lost sales and manufacturing opportunities later in the year, once the pandemic has blown over. Hero MotoCorp is one of the biggest motorcycle manufacturers in India, and is also the market leader when it comes to lightweight electric two-wheelers in the region.
RECOMMENDED FOR YOU
Brembo's New India Venture Reveals How Modern Motorcycles Really Get Made
Could This Super Popular Indian Electric Scooter Make Sense In The US?
Harley-Davidson's Entry-Level Motorcycle Is A Smash Overseas. Will The US-Bound Model Do the Same?
Kawasaki Issues A Stop Sale Notice For Turn Signal Recall On Some W230 ABS
GoPro Has a New Camera Amid Possibly Going Out of Business Rumors. Could It Save It?
KTM Affirms Its MotoGP Future. Comes After Rumored Exit
Harley's Stock Has Only Risen Since Indian Motorcycle's Attack Ad Campaign