Leading component manufacturer Bosch has suspended its operations at its Nashik plant from the noon of May 12 till the midnight of May 23, 2021, to adhere to the “Break the Chain” directive issued by the local government for combatting the second wave of rising COVID-19 pandemic, the company informed the BSE in a regulatory filing.
Consequently, all direct, indirect and off-roll employees working in manufacturing plants have been directed to stay at home.
The Nashik plant of Bosch is the local manufacturing hub catering to the demands of common rail systems with a key portfolio of injectors and nozzles for passenger cars, heavy commercial vehicles and tractor segments.
The shutdown of operations will marginally impact the supplies to the OEMs and the automotive aftermarket segment, which is already stressed with lockdowns and supply chain volatilities.
In the filing, the company said, “The health and safety of our associates is of paramount importance. In the wake of the rising infections in the state of Maharashtra and particularly in the city of Nashik, all the employees are instructed to abide by the guidelines issued by the local government.”
Nashik plant employs approximately 2,500 associates across all the categories.
“The impact on company’s business is difficult to assess at present as the situation continues to evolve”