Bengaluru, May 21 : 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) on Thursday announced that its production operations would resume at all its four plants in two phases. In a statement issued here, it was stated that 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 Narsapur 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 99 per cent 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 per cent 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 BS-6 inventory across its network, Honda is set to resume production from its four factories in a staggered manner from 25th May 2020, the statement added. (UNI)