COVID-19 pandemic: Plant closures by OEMs, suppliers in India will lead to loss of USD300 million in revenue per day, says industry body


Minda, Bharat Forge, Lumax, are among the suppliers to have suspended operations

The SIAM has said that plant closures by OEMs and suppliers in India, due to the COVID-19 pandemic, will lead to a loss of INR23 billion (USD302 million) in revenue per day, reported Economic Times daily citing Press Trust of India on 24 March.

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