Indus Motor announces three-day production shutdown

By Our Correspondent
November 16, 2024
Partly finished vehicles are seen at a manufacturing plant in this undated file photo. — APP/File
Partly finished vehicles are seen at a manufacturing plant in this undated file photo. — APP/File

KARACHI: Indus Motor Company Limited has announced to close its production plant for three days amid ongoing supply chain disruptions. In a statement addressed to the Pakistan Stock Exchange (PSX) on Friday, the company secretary of Indus Motor Company Limited said, “The company is currently experiencing a shortage of raw material and components, compounded by ongoing supply chain disruptions. As a result, the company is facing challenges in sourcing the necessary parts for vehicle production, which has impacted its ability to meet production requirements.” Consequently, the company temporarily suspended operations at its production plant from November 18 to November 20.