ISGEC Heavy Engineering Ltd said Wednesday that work from home has impacted employee productivity following the outbreak of the COVID-19 pandemic.
The company said the pandemic had affected the lives of many of its employees and their families.
“In April 2021, work in the factories was mainly affected by an acute lack of oxygen. The situation has now improved, ”said ISGEC Heavy Engineering in an investor presentation.
The pace of work at the project locations was impaired by the massive migration of workers.
“Employee productivity has been impacted by working from home and COVID affecting many of them or their families,” it said.
The company “has faced material delivery delays as many states have closed supplier factories due to lockdowns and the unavailability of oxygen,” said ISGEC Heavy Engineering Ltd.
Suppliers and subcontractors are facing labor shortages and wage increases, she added.
The company said that ISGEC Heavy Engineering has taken vaccination initiatives at all of its sites.
It was said that all safety precautions had been taken at all of the company’s locations and plants, and that group life insurance had also been introduced for employees.
(Only the headline and image of this report may have been revised by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)
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