Appliances, Consumer Electronics Makers Suspend Manufacturing Till Mar 31

If you are looking for updated information about Appliances, Consumer Electronics Makers Suspend Manufacturing Till Mar 31 you have come to the right place. You should visit the syvguest.com for more details.

LG Electronics India said it is monitoring the situation and following the government's instructions, it has suspended production at its manufacturing units at Greater Noida in Uttar Pradesh and Pune.

“In the current situation, we have decided to suspend production in our manufacturing facilities in Greater Noida till 25 March and at Pune till 31 March. This action is being taken to help ensure the health and safety of our employees,” an LG spokesperson said.

Haier Appliances India President Eric Braganza said the company has ceased all operations at its Pune industrial park till 31 March.

"We will continue to assess the situation on the ground," he added.

Production of the companies was already hit due to supply constraints. The manufacturers, which sources components from mainly from China, were low on stocks as coronavirus outbreak in Wuhan had caused disruption in production and supply of many key components.

Source : https://www.thequint.com/news/india/coronavirus-consumer-electronics-appliance-makers-suspend-manufacturing-till-31-march

Consumer Electronics & Appliance Makers Suspend Manufacturing
Appliances, consumer electronics makers suspend manufacturing till Mar 31
Electronics sector stares at hard time ahead amidst coronavirus outbreak
Consumer durable companies suspend manufacturing amid COVID-19 lockdown
Chinese smartphone giants suspend manufacturing in India amid coronavirus lockdown
Coronavirus pandemic| Appliance makers shut production temporarily, stare at Rs 3,000 crore loss
Topic Page - Coronavirus and oil price war
Working at home triggers demand for chips, laptops
Markets jump for second day after US agrees $2tn stimulus deal
Futures Pointing To Sharply Lower Open After Fed Slashes Rates