Hero Motocorp stated manufacturing dropped 10% in February resulting from coronovirus outbreak

by Jeremy Spirogis
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The nation's largest two-wheeler producer Hero MotoCorp stated on Friday that an outbreak of coronavirus (Kovid-19) in China has affected the provision of some elements, which might convey down manufacturing by about 10% in February.

However, the corporate stated that wholesale distribution of automobiles to its sellers in the course of the month stays unaffected. <! –

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"The ongoing issue of coronovirus (Kovid-19) in China has affected the supply of certain components to our manufacturing facilities in India," Hero MotoCorp stated in a press release. It additional added, "This is likely to affect our planned production for the month of February by about 10%."

The firm stated that any additional influence on its manufacturing would rely upon the growing state of affairs in China.

"We want to continue to track developments and evaluate our options," he stated.

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