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SML Isuzu temporarily suspends production at manufacturing plant in Punjab till June 11

"... Due to the ongoing pandemic situation and lockdowns enforced in most of the states, the company is still facing supply issues from some of its vendors/suppliers. Further, demand for commercial vehicles has been adversely impacted especially for the school buses due to non-opening of schools/educational institutions.

June 07, 2021 / 12:47 PM IST
SML Isuzu | Company sold 516 vehicles in November 2020 against 521 vehicles sold in November 2019.

SML Isuzu | Company sold 516 vehicles in November 2020 against 521 vehicles sold in November 2019.

Commercial vehicles maker SML Isuzu on Monday said it will temporarily suspend production at its manufacturing plant in Punjab till June 11 due to supply issues and lower demand.

"... Due to the ongoing pandemic situation and lockdowns enforced in most of the states, the company is still facing supply issues from some of its vendors/suppliers. Further, demand for commercial vehicles has been adversely impacted especially for the school buses due to non-opening of schools/educational institutions.

"In view of the above situation, the company has decided to temporarily suspend production at its manufacturing plant (in) Punjab up to June 11, 2021," SML Isuzu said in a regulatory filing.

The company said it is closely monitoring the situation and taking appropriate actions as required.
PTI
first published: Jun 7, 2021 12:47 pm

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