The country's second-largest carmaker said that 863 workshops have also re-started operations pan India. "We have commenced operations of our showrooms and workshops in line with the approvals granted by central and state authorities," HMIL Director - Sales, Marketing and Service Tarun Garg said in a statement.
As part of the tie up, ICICI Bank is offering flexi EMI scheme which enables customers to pay low EMI initially, in order to help them overcome the liquidity stress due to the COVID-19 pandemic, the auto major said in a statement.
The company, in a release, also announced the launch of a technical solution for the corporate to check the real-time monitoring of car sanitisation, driver's temperature and the movement of vehicles through non-coronavirus infected zones or hot spots.
The company, which on Tuesday introduced three new products -- fresh versions of sedans Rapid and Superb along with SUV Karoq at starting prices of Rs 7.49 lakh, Rs 29.99 lakh and Rs 24.99 lakh, respectively, also said it is not holding back investments in India, although this year it may not be able to meet its target due to the health crisis.
The company's True Value network comprises 570 outlets in 280 towns and cities in India. The guidelines and standard operating procedures (SOPs) ensure maximum hygiene, sanitisation and safety for customers, according to MSI.
The two-wheeler major has decided to reduce salaries at executive level, barring entry level workmen, from May till October this year.
Several other manufacturers too said that even if there was an eventuality of employees testing positive, they will follow the standard operating procedures (SOP) and inform the local authorities, but production will continue.
The cases show the risks and challenges Modi's government faces in restarting automobile production.
Currently, companies in the sector have to deal with ministries including heavy industries, commerce, road transport, environment and petroleum, and other government bodies such as the Niti Aayog. This is not only time-consuming, but results in duplication of processes, said industry executives.
Test results of sixteen more workers who possibly came into contact with the infected employees are expected over the next two days, a senior government official told Reuters.
Honda Cars India Ltd (HCIL) Senior Vice President and Director, Marketing and Sales, Rajesh Goel said that considering people will be extra careful against COVID-19, personal mobility will gain much more significance than shared mobility or public transport, and hence can contribute to sales.
The company is also looking at "a possibility of a second case" of infection at the facility but has ruled out any impact on the business part due to the situation.
Large fleet operators across India were disappointed after the Reserve Bank of India didn't offer a one-time debt restructuring facility that they'd been expecting and instead extended a moratorium on loan repayments.
The tool, named Trust AI, uses neural network models and mathematical models to analyse live video feed automatically to monitor social distancing at the workplace. It issues an alert at the control centre and the public address system when any person fails to maintain the required distance from another person, said the company in a press release.
"With effect from May 21, 2020, the company has resumed its operations in its plants at Akurdi, Chennai and Chakan. At present, operations have resumed with 33 per cent attendance and the same will be ramped up in future as per relaxations provided by regulators time to time," Force Motors said.
The Aurangabad facility which will be working with reduced manpower in a single shift, will initially produce the new Superb ahead of its launch next week and later include other models and brands as the company scales up its production gradually, the company said in a release.
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