Munjal Showa Limited Announces Intimation Regarding Production Closure Against the Spread of COVID-19
May 09, 2021 at 08:09 pm IST
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With the safety and wellbeing of the company’s employees as top priority in view of the escalating COVID-19 situation, Munjal Showa Limited has been taking all recommended precautions in its operations against the spread of COVID-19, which includes sanitization and hygiene, temperature checks, maximizing video-conferencing and minimizing contact, closing employee travel, health and distancing advisories to employees and following all government directions on the subject. In keeping with its commitment to the safety and welfare of its people and to break the chain of the spread of Coronavirus and in view of the various directives issued by the Central Government /concerned State Governments relating to lockdown and the need for social distancing, the company has shut production and office operations at its facilities in Gurugram, Manesar (Haryana) and Haridwar (Uttarakhand) with effect from May 10, 2021 till May 16, 2021. Further, the corporate offices of the company are in Work from Home (WFH) mode and a very small number of colleagues are allowed in offices on rotation basis for the continuity of essential services. The company is continuously monitoring the situation and aims to compensate for the production loss during the remainder of the quarter.
Munjal Showa Limited is an India-based company, which operates as an ancillary and manufactures auto components for the two-wheeler and four-wheeler industry. The Companyâs primary products include front forks, shock absorbers, struts, gas springs and window balancers for sale in domestic market. It supplies shock absorbers to auto giants in India, Japan, Germany, the United States and the United Kingdom, amongst other developed markets. Its products serve as original equipment to a range of Maruti Suzuki upper end cars and export models, Honda City car, complete range of Hero Honda Motorcycles, Kawasaki Bajaj Motorcycles, Kinetic Scooters and Hero range of mini-motorcycles and mopeds and Honda Motorcycles and Scooters India (Pvt) Limited. The Company has three manufacturing locations at Gurugram, Manesar and Haridwar. manufacturing plant is spread over an area of approximately 24075 square meters. The Company has two geographical segments: Domestic and Overseas.