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Sharda Motor Industries shuts down manufacturing unit

Monday, 12 Apr 2021
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Automobile parts maker, Sharda Motor Industries has shut a manufacturing unit at Greater Noida, Uttar Pradesh.

The entire business operations and activities carried out at a unit of the company located at Surajpur Bypass Industrial Area, Greater Noida for manufacturing and supply of canopies for Maruti Suzuki and Mahindra & Mahindra, has been discontinued.

The Maruti Suzuki business for model 'Gypsy' was discontinued due to demerger of seating business of the company.

The production and supply facility for Mahindra & Mahindra are being shifted to Nasik unit in Maharashtra. The company expects to complete the closure of the unit by 30 April 2021.

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