Fire breaks out at Varroc's lighting plant in Pune, no casualties reported
The plant manufactures lighting products for four-wheelers in India and contributes 2% to the consolidated revenue of Varroc Engineering.
Varroc Engineering (Varroc), the global Tier I auto component group, has reported a fire at its Hinjewadi automotive lighting plant in Pune. The plant manufactures lighting products for four-wheelers in India and contributes 2% to the consolidated revenue of Varroc Engineering.
The incident is understood to have occurred at about 3.15 am today when fire erupted outside the manufacturing block and then spread to the packaging area. The fire was brought under control with the support of internal and external agencies at about 5:45 am. There have been no human casualties reported, the company said in a regulatory filing.
The company added that it is in the process of ascertaining the actual loss caused by the fire and is taking adequate steps to ensure customer service at the earliest. The company further added that the incident will have no significant impact on its operations and also that it has adequate insurance coverage.
RELATED ARTICLES
Rajiv Bajaj reappointed MD and CEO of Bajaj Auto for five-year term
Bajaj Auto’s Board of Directors has approved the re-appointment of Rajiv Bajaj as the company’s MD and CEO for another f...
JSW MG Motor launches Comet EV Blackstorm edition
The key highlights of the Comet EV Blackstorm, which is now the top-end variant, are its ‘Starry Black’ exterior along w...
Maruti Suzuki begins production at new Kharkhoda plant
Phase 1 of the Kharkhoda plant will have an annual production capacity of 250,000 units and produce the Brezza compact S...