TVS Electronics Halts Manufacturing Operations Till 31st March

0
996
Advertisement
  • The company stated that COVID-19 has affected the supply of some components to its manufacturing facilities and volume of business in ‘Servicetec’ segment
  • TVS Electronics deals in different electronics segments like keyboard, thermal receipt printers, Dot Matrix printers

TVS Electronics said that it has suspended operations at all its manufacturing plants and offices with immediate effect until 31st March due to the coronavirus pandemic. The company said that the outbreak has affected supplies of some components to its manufacturing facilities and volume of business in the service segment

The company said, in a regulatory filing, that to ensure the health and safety of the company’s employees and their families, customers and various stakeholder, it has decided to halt operations at all its manufacturing plants and its offices. It has done so in line with the instructions of the central or state governments or local authorities.

Keyboard, thermal receipt printers, Dot Matrix printers

TVS Electronics deals in different electronics segments like keyboard, thermal receipt printers, Dot Matrix printers, and bar code scanners among others.

Advertisement

The company also said that COVID-19 has affected the supply of some components to its manufacturing facilities and volume of business in ‘Servicetec’ segment. It will likely affect the company’s planned production and volume of business in excess of 10 per cent for the month of March.

Advertisement

SHARE YOUR THOUGHTS & COMMENTS

Please enter your comment!
Please enter your name here

Are you human? *