Gurugram headquartered two-wheeler maker Okinawa Autotech has temporarily stopped its manufacturing operations on account of the Covid-19 outbreak.
“All workers in the manufacturing unit will be on paid leave. As a practice, Okinawa always gives priority to the health of its workforce and encourages everyone to keep their spirits high in these tough times,” a company statement said.
The firm had earlier asked its office-based workforce to work from home to maintain business continuity.
Founded by Jeetender Sharma and Rupali Sharma, Okinawa manufactures and sells a range of electric motorcycles such as Lite, Ridge and Raise. The vehicles are equipped with detachable lithium batteries, which can be charged anywhere. The company has a manufacturing facility in Rajasthan.
Bike rental platforms Bounce and Yulu, and bike taxi platform Rapido have also shut down operations in several cities. The Covid-19 lockdowns and social distancing advisories from the government have led to a dip in rides.
Overall investments in startups declined by about 85% in the second week of March. The total value deals stood at $20.5 million then.
Operations of technology companies including Infosys, HCL Technologies, Google India too are affected as some of their employees tested positive for Covid-19.