Already the automobile sector like Tata Motors, Maruti which is facing recession has been hit twice due to the applicable lockdown across the country due to Corona. The lockdown was imposed on 25th March in India till 3rd May and since then all economic operations are halted. People are shut in their houses, only transportation of essential commodities are going on and a wave of uncertainty hovers above all of us.
Not a single car produced in Tata Motors since 36 days
The country’s leading automobile company Tata Motors is also not unaffected by this. It has been 36 days since Wednesday of the lockdown. Not a single vehicle was built in Tata Motors in these 36 days. Production work in the company is at a standstill. The company has incurred an estimated loss of more than Rs 12 billion as a result. Tata Motors has a maximum capacity of producing 450 vehicles in a day.
The automobile sector was in the grip of recession for the last eight months. Tata Motors also had its impact. The company was producing between 2500 and 5000 vehicles per month. On this basis, an estimated 6000 vehicles would have been built during this lockdown period of 36 days. The estimated average value of these six thousand vehicles is 12 billion rupees.
Tata Motors employs more than 12 thousand people
The company employs more than 12 thousand
employees, Tata Motors employs about 5400 permanent employees, 3700 bicycles, about 4000 contract workers and about 2000 officers. Work from Home is ordered for officers. They are working from home, while about 500 labourers of all categories are working in Telco Colony and company’s housekeeping and maintenance department. Management is also paying salaries to all types of employees.
Challenge to make BS-6 vehicles
Now the challenge infront of the company is to make BS-6 vehicles when the lockdown opens. However, the management had been preparing for the last one year to meet this challenge. Its trials have also been done. Experts say that now there will be a new challenge regarding its market.
What is BS-6 vehicles?
It stands for Bharat Stage Emission Standards. These are emission norms to regulate air pollutants coming out of engines introduced by the government of India. These vehicles are designed to regulate air pollutants.
Half a million workers unemployed
Making the parts for Tata Motors was the responsibility of Adityapur’s Industrial unit 80% of the workforce. Around 800 ancillaries have been shut down due to stalled work at Tata Motors. As a result, more than one and a half million permanent workers, contract workers and logistics have become completely unemployed.
Total cases in India have reached 33,050; death toll has reached 1074
The total cases in the world has reached 3.19M with 228k deaths and 973k recoveries. In India, according to the data released by the Union Health Ministry on Thursday morning, the number of corona infections across the country has reached 33,050 and the death toll due to this epidemic has gone up to 1074. At the same time, 8325 people have been discharged from various hospitals after getting healthy. In the last 24 hours, more than 1700 cases were reported positive in India.