Courtesy: NDTV
Atlas cycles shuts down last manufacturing unit near Delhi

Indian bicycle brand, Atlas Cycles, shut down its last manufacturing unit in Sahibabad, outside Delhi on June 3, stating lack of funds and resources to run the factory. CEO NP Singh Rana, however, informed the shutdown is temporary and the company will resume operations once it can raise enough money. The company also let go of remaining employees while paying ÔÇ£lay-off wagesÔÇØ

Sun, 07 Jun 2020 - 11:04 PM / by Masumi Shah

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