A section of workmen belonging to Automotive Stampings and Assemblies are continuing with the agitation at the company’s plant in Pantnagar and the management is making every effort to defuse the situation. The manufacturing operations at the plant were affected and now have been partly recovered. The extent of impact on the operational performance of the company cannot be quantified at this juncture.
Automotive Stampings and Assemblies is into the production of a wide range of sheet metal components for the automotive industry. Its product mix catering to cater to passenger and commercial vehicles can be broadly classified into three categories, Structural Panels and Skin Panels for the vehicle body (BIW), Modules and Aggregates including Chassis sub-assemblies (Under body) and Oil Sumps and Fuel tanks.