Tube Investments of India resumes operations in two-thirds of plant locations

With the easing of COVID-19 lockdown

restrictions most areas, Tube Investments of India Ltd, has resumed operations in two-thirds of its plant locations, giving paramount regard for health and safety of its workforce, the company said.

The city-based company, formerly TI Financial Holdings Ltd, said it was awaiting permissions from local authorities to resume operations in remaining plant locations.

Flagship entity of diversified conglomerate Murugappa Group, Tube Investments manufactures a range of products for automotive, railway, construction, mining, agriculture at its 18 plants across the country.

The resumption of operations comes after the Centre and various state governments allowed industries to function in green and orange zones, where the coronavirus cases are nil or within certain parameters, since the third phase of lockdown began on May 4. No relaxations are allowed in red zones, where the cases and doubling rates are higher.

"...pursuant to Central and ...