Auto components maker Igarashi Motors India Ltd, in view of Tamil Nadu government directives, has announced, "our manufacturing units and corporate office at Chennai will be closed from May 24, 2021, until May 30, 2021."
The company will continue to closely monitor the situation and take appropriate action as per regulatory guidance, it added.
Igarashi Motors said, " employees at senior level will continue to work from home, except for those whose physical presence is necessary to run the day-to-day essential services." A task force set up by Managing Director R Chandrasekaran will be monitoring the developments.
“The task force will roll out a slew of measures to ensure that business operations, safety and wellbeing of employees, which are the top priority, through regular video and teleconferencing,” the company added.
Igarashi Motors India Ltd (IMIL) was established in 1996. It is a leading component Automotive market player in actuator motors. It is primarily engaged in the production of Permanent Magnet DC Motor for the automotive sector, especially for passenger cars. The company has two manufacturing units in Chennai.