Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Automakers Renault and Kia Motors have restarted operations at their India plants after receiving requisite permissions from authorities. The plants were shut for over 40 days amid COVID-19 lockdown.


Renault’s only Indian plant at Chennai has an annual capacity of 400,000 units. The automaker has also re-opened selected dealerships in India. Renault’s 194 showrooms have started dispatching cars to North India and Tamil Nadu in a phased manner.


Korea-based company Kia Motors has a plant at Anantapur, Andhra Pradesh which is working on a single eight-hour shift producing around 240 cars per day. The company’s spare parts suppliers have also resumed operations. Kia states it holds enough inventory to sustain production for a month, as reported by local media.


Most global carmakers and original equipment manufacturers have started resuming work in a phased manner. Auto companies now hope for sales to come back on track with dealerships restarting sales. A sluggish auto sector had earlier pulled down demand for various metals and metallic scrap.

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