Hero Moto will defer investments, save cash

Pawan Munjal, chairman and CEO of Hero Moto-Corp, said the company has gradually resumed production at its factories in India, Bangladesh and Colombia (in Latin America), though the output is limited to begin with. However, he said that while the company conserves cash, it will not be cutting jobs or salaries.

from Auto-Industry-Economic Times https://ift.tt/3bKGHnm