With India gearing up to expand economic activities as per fresh guidelines issued by MHA under Lockdown 4.0, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) today announced that its production operations will resume at all its 4 plants in two phases.
With a 360-degree outlook of balancing the forward and backend linkages across its ecosystem & the evolving market demand, Honda has aligned its production Plans. Production will resume in a phased manner starting 25th May 2020 from its biggest plant in Narsapura in Karnataka followed by other three plants from 1st week of June 2020.
To keep the business continuity in accordance with the guidelines issued by the government, nearly 100% of Honda’s 300+ supplier plants too have received the necessary approvals to resume their operations. Honda suppliers are now in advance stages of resuming production.
Honda is taking a calibrated approach across its entire ecosystem ensuring synergy for stable and efficient operations. On the market demand side, over 60% of Honda dealers have by now resumed their sales & service operations. Initial enquiries, though still subdued compared to the pre-lockdown period, are picking up momentum every day. Hence, strategically aligning supply chain with market demand and available BS6 inventory across its network, Honda is set to resume production from its 4 factories in a staggered manner from 25th May 2020.
Highlights
- Ø Karnataka plant to resume production from 25th May
- Ø Other plants to follow soon from 1st week of June onwards in a staggered manner
- Ø 100% supplier’s plants get approval to restart production
- Ø Over 60% of Honda dealers resume Sales & Service operations
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