Tata Motors to undertake 3 block closures at Jamshedpur plant

Tags: Companies
The country's leading automobile company Tata Motors will halt production at its block here for three days from today, following poor demand.

Confirming the development, a Tata Motors spokesperson said the block closure had been planned keeping in mind the weak demand of commercial vehicles.

"We do not want inventory pile-up at the dealers' end and wanted to adjust our production as per demand," a company spokesman said.

Chandrabhan Singh, general secretary of Telco Workers Union, said the block closure was undertaken as a precautionary as well as cost

control measure in view of slump in demand caused by the prevailing slow-down.

The company had produced 5,000 units of vehicles last month against general production figure of 10,000 units per month, Singh said.

He said no production had taken place after November 26.

This was the third block closure undertaken by the company this year including the three-day closure observed early this month from November 12-14.

The Jamshedpur plant of the company produces heavy commercial vehicles, besides engine and, cab and cowl.

The demand for commercial vehicles in the country, especially that of the medium and heavy segment, has been on a decline in the past few months.

EDITORIAL OF THE DAY

  • Mob rage against the Tanzanian woman betrays racial and gender prejudices

    The mob rage in Bangalore against the Tanzanian woman is a national disgrace from which we can never recover even if we punish the wrong doers.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sachin Shridhar

VIPism is casteism by another name

Much has been written and lamented about the all-pervasive VIP ...

Zehra Naqvi

‘What if the British never came to India?’

Legendary Canadian writer Margaret Atwood proves as elusive to the ...

Bubbles Sabharwal

It's the life in your years that counts

We are all in a sense pilgrim souls enjoying the ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture