The corona virus has unfold to greater than 200 nations around the globe. It has additionally given a giant blow to the financial system. In such a state of affairs, the inventory markets around the globe are consistently crashing. The financial system of India has additionally been hit by Coronavars.
In reality, as a result of Coronavir epidemic, work has stopped utterly in lots of locations. In such a state of affairs, many massive automotive firms like Maruti Suzuki-MSI, Mahindra & Mahindra and Honda Cars have stopped manufacturing of their factories.
So these factories closed
Corona virus an infection is spreading quickly around the globe. <! –
In such a state of affairs, the federal government and administration are asking individuals to remain of their properties. In such a state of affairs, taking precautionary steps, these firms have determined to maintain the factories closed for a while.
These firms closed factories
The nation's largest automotive firm Maruti Suzuki India has stopped manufacturing in its Gurgaon and Manesar factories with quick impact. At the identical time, Honda Cars India Limited (HCIL) has stopped manufacturing of two of its factories within the nation until 31 March. At the identical time, Mahindra & Mahindra (M&M) has additionally stopped manufacturing in Maharashtra until additional orders. Has introduced to be suspended. At the identical time, Fiat has additionally stopped operations in its factories in India by the tip of this month. MG Motor India (MG Motor) has stated that manufacturing will cease at its Halol (Gujarat) manufacturing unit until 25 March.
Two-wheeler manufacturing additionally closed
Hero Motocorp, the world's largest two-wheeler producer, has stopped manufacturing as a result of menace of coronavirus. At the identical time, Honda Motorcycle and Scooter India (HMSI) has stopped functioning in all its manufacturing factories.