Coronavirus outbreak affects TVS Motor’s production by 10% in Feb, Auto News, ET Auto

New Delhi: House-grown two-wheeler maker TVS Motor on Monday has stated that the firm’s planned generation in February will see a ten for each cent fall owing to Coronavirus outbreak in China.

The outbreak of pandemic Coronavirus has led to effects on provide of selected elements for generation of BS-VI cars, the organization stated in a release.

Although firm’s immediate dependency on China is constrained for elements, the assertion added, some Tier II suppliers have been impacted adversely which will lead to ten for each cent decrease in the planned generation for this month.

Commenting on this improvement, KN Radhakrishnan, Director & CEO, TVS Motor Business, stated “To minimise the effects on generation of BS-VI cars, we are regularly monitoring developments with all those of our suppliers who are sourcing selected elements from China. As a consumer-centric organisation, our endeavour is to ensure that the effects on our consumers and functions is minimal.”Meanwhile, Radhakrishnan added the organization is also exploring suppliers in other regions and is hunting to localise within just India. The Chennai based two-wheeler further statements to acquire all endeavours to normalise this at the earliest.