New Delhi, Jun 22, Kamdhenu Group on Monday said it has resumed 60 percent operations at its plants across the country.
“After the unlocking phase started in India from the 1st week of June, we have resumed effective operation of more than 60 percent at our steel TMT bars manufacturing units till now”.
“At the same time we are also adhering to all the precautions at all our offices and manufacturing units such as social distancing, sanitization, wearing of hand gloves and other CoVID-19 protection norms,” said Kamdhenu Group CMD Satish Kumar Agarwal said.
The company will review market conditions and accordingly look to further ramp up its production, he said.
The CMD also said despite the mounting business challenges, there has not been any lay off in the company.
“We are expecting that it will take three to four months for demand to pick up in the construction sector. The availability of manpower will be one big constraint for the businesses. Availability of raw materials will also be a concern as supplies from other states will be uncertain for some more time to come,” Agarwal said.
The Gurugram-based Kamdhenu Group has a presence in the steel and paints segment.
The company, under the franchisee model, has manufacturing plants in states like Odisha, Gujarat, Karnataka, Telangana, Andhra Pradesh, Bihar, Goa, Rajasthan, Uttar Pradesh, Uttarakhand, Himachal Pradesh, Punjab, West Bengal, Jharkhand, and Madhya Pradesh, among others.
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.
Sign me up for the newsletter!
Notify me of follow-up comments by email.
Notify me of new posts by email.
APARAJITHA’S 60 MINUTES COMPLIANCE WEBINAR EXPLAINS BONUS AND GRATUITY UNDER THE CURRENT ECONOMY
Microsoft appoints Navtez Bal as Executive Director, Public Sector, Microsoft India
EBRD unveils proposal to be majority green bank by 2025
Cabinet Approves Affordable Rental Housing Development for Urban Migrants in Poverty
New residential launches in Pune grew by 52% (YoY) in H1 2019; sales grew by 6% (YoY): Knight Frank Report
2014 The Global Indian New Network (TGINN)