World's largest two-wheeler manufacturer Hero MotoCorp has decided to extend shutdown across its facilities which had begun in April. Hero MotoCorp issued a statement on Sunday saying the shutdown also includes its Global Parts Center (GPC) in Neemrana and the Centre of Innovation and Technology (CIT) in Jaipur. The Hero MotoCorp facilities that have been impacted by this shutdown has a total yearly production capacity of 90 lakh units. Hero MotoCorp is the second vehicle manufacturer in the last few days to announce an extension of their ongoing shutdown. It may consider scaling down production too given the current Covid-19 situation across the country.

Source: Hindustan Times May 10, 2021 03:11 UTC