15.7 C
London
Saturday, May 8, 2021

Maruti Suzuki closes factories to produce oxygen for medical needs

Must read

UK Time Newshttps://www.uktimenews.com
UK Time News is your daily dose of Latest News, Entertainment, Music, Fashion, Lifestyle, World, Cricket, Sports, Politics, Tech, Business News Website. We provide you with the Latest Breaking News Straight from the UK & all around the World on different categories.

Maruti Suzuki said she is committed to helping the government divert oxygen to save lives.

Maruti Suzuki, the country’s largest automaker, will shut down manufacturing units in Haryana to make gaseous oxygen available for medical needs, the company said in a stock exchange filing. Suzuki Motor has also decided to shut down its manufacturing unit in Gujarat, Maruti Suzuki added.

READ  India reports more than 200,000 new cases daily for sixth day in a row

The company brought forward its annual maintenance shutdown from May 1 to 9 compared to the previous June plan, said Maruti Suzuki while adding that it was committed to helping the government divert oxygen to save lives. .

READ  Maruti Suzuki Swift was the best-selling car in FY2020-21; Here is the top 10

“As part of the automotive manufacturing process, Maruti Suzuki uses a small amount of oxygen in its factories while relatively larger amounts are used by component manufacturers. In the current situation, we believe that all available oxygen should be used to save lives. Maruti Suzuki said in a press release.

The company has been informed that Suzuki Motor Gujarat has made the same decision for its plant, Maruti Suzuki said.

READ  India's auto industry loses a pillar: Jagdish Khattar is no more

New Covid deaths in India have reached an overwhelming high with 3,293 people dying in the past 24 hours. New cases rose by more than 3.6 lakh, a global high, pushing the total number of cases to over 1.79 crore. The crisis has left India struggling with oxygen and medicine.

It is the seventh day in a row that more than three lakh cases have been recorded in India, the second-most affected country after the United States. The new deaths, marking the deadliest day of the pandemic in the country, bring the total death toll to 2,01,187.

READ  Tata Consumer, IDBI Bank, Maruti Suzuki, Adani Power, Indian Bank, Hero MotoCorp at a glance
READ  RIL, Kotak Bank, TCS, Maruti Suzuki, Yes Bank, SBI Life, IndusInd Bank, automobiles, Adani group shares at a glance

Maruti Suzuki shares traded 0.44 percent higher at Rs 6,587 after announcing its decision to close factories, underperforming the Sensex which was up 1.6 percent.

.

More articles

15,129FansLike
4,596FollowersFollow

Latest article