TVS Motor Company said that its Indonesia-based subsidiary will resume manufacturing operations from March 26th..
However, the entity's corporate office in Jakarta would continue to be closed and its employees will work from home, the two-wheeler major said in a regulatory filing.
As the company said, the subsidiary's plant situated at Karawang, West Java will resume operations from March 26th, 2020. It also said that the decision will be taken in consultation with the Governor of West Java and the local Government authorities.
Earlier this week, TVS Motor Company had announced to halt all manufacturing operations at its plants in India and Indonesia till further notice in the wake of the growing coronavirus infections.
The coronavirus outbreak has caused a severe damage to the auto industry as several automakers across the world along with the auto component manufacturers have shut their plants in order to contain the virus outbreak. This came as a major blow to the auto industry that was already hurt due to the global economy slowdown.