'Hopeful of a strong recovery in second half'

NEW DELHI: Earthmoving and construction equipment manufacturer JCB India is hopeful of a strong recovery towards the second half of the year.

"From a business standpoint, while we started the year on a strong note, expectedly we saw a disruption to the business cycle in May," CEO and Managing Director Deepak Shetty said. "We are hopeful of a strong recovery towards the second half of the year."

At present, India suffers from a massive resurgence in COVID cases. However, a decline in new infection rate had triggered hopes of an accelerated recovery.

Shetty said: "However, right now it is all about how soon can we vaccinate all our employees and their families, and scale up operations in a safe and sustainable manner."

Since April onwards, over 2,000 JCB India employees and their families have been vaccinated at camps held across its Ballabgarh, Pune and Jaipur facilities. (IANS)

Also Read: Fish trade hit after COVID bodies dumped in river

Also Watch: