Indus Motor suspends operations due to raw material shortage

By MG News | November 26, 2024 at 03:56 PM GMT+05:00

0:00

November 26, 2024 (MLN): Indus Motor Company Limited (PSX: INDU) has decided to temporarily suspend operations at its production facility from November 27, 2024, to November 29, 2024.

This decision comes as the company is currently facing a shortage of raw materials and components, further exacerbated by ongoing supply chain disruptions.

Consequently, the company is encountering difficulties in sourcing the necessary parts for vehicle production, which has impacted its ability to meet production targets.

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