New Delhi, May 21 (IANS) Two-wheeler major Honda Motorcycle & Scooter India (HMSI) said it will resume production operations from Monday.
The company will resume production at all its four plants in two phases.
Production will resume in a phased manner starting May 25 from its biggest plant in Narsapura in Karnataka followed by other three plants from 1st week of June, the company said in a statement.
"To keep the business continuity in accordance with the guidelines issued by the government, 100 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."
In addition, the company said that on market demand side, over 60 per cent of Honda dealers have by now resumed their sales and 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 a vailable BS-6 inventory across its network, Honda is set to resume production from its 4 factories in a staggered manner from 25th May 2020."