Indus Motors Announces to Shutdown of their Production Plants for Two Weeks
- 01, February , 2023
NewsToday: Another Breakdown in Vehicle Industry, Indus Motors also announced to shut down their production plants only for two weeks. According to the notification given by the company to the stock exchange, the motors company will stop its production from 1st February to 14 of this month. A few days ago, Toyota Vehicle Company closed their plants till 14th February of this month and will announce later whether to restart production.
Furthermore, Indus Motor company will continue their single shift from the 15th of February and close for 10 days. The reason behind shutting down is the import crises and raw material shortage. The companies are looking to import raw materials, which disrupts the auto supply chain.