by Nehal Chaliawala from https://economictimes.indiatimes.com/
The company also said that about 120 of its dealerships will resume partial operations and about 300 will be operational by the middle of this month.
Classic motorcycles maker Royal Enfield on Wednesday resumed production and also appointed Kaleeswaran Arunachalam as the chief financial officer of the company effective immediately.
The company also said that about 120 of its dealerships will resume partial operations and about 300 will be operational by the middle of this month.
The company’s manufacturing unit at Oragadam, near Chennai, will be the first to begin operations in a staggered manner, with minimal staff over a single shift. Employees and shop floor staff residing in and around plant locations will be the first to work in these units so as to avoid long-distance travel.
Operations at the company’s other two manufacturing facilities – Tiruvottiyur and Vallam Vadagal – will be started in a phased manner.
Meanwhile, office locations including corporate offices in Chennai, Gurgaon and the UK Technical Centre will continue to remain closed, and employees will continue to work from home, the company said.
The company’s new CFO Kaleeswaran succeeded Lalit Malik who had been holding the position for the last 10 years. He will report to Vinod K Dasari, the chief executive of Royal Enfield and will be part of the motorcycle company’s management team, Eicher MotorsNSE 0.35 % said in a statement.
Lalit, who is also the chief commercial officer at Royal Enfield will continue in that role.
His previous experiences include stints at Mondelez International in India and Asia, and in his early career with Aditya Birla Fashions Limited and with TVS Motor CompanyNSE 4.88 % Limited.
“He has played an instrumental role in the transformation of Future Lifestyle Fashions Limited as a market leader in its segment, through retail formats and own brands, driven by a strong business and financial model,” the statement read.
