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.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Bureaucrats have enjoyed flying miles at taxpayer expense for too long

    The beleaguered Indian taxpayer will certainly applaud prime minister Narendra Modi’s attempt to deliver on his promise of cutting down fiscal defic

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: CHAIN REACTION

A domino effect is the cumulative effect produced when one ...

Zehra Naqvi

Rememberance and forgetting are crucial

Memories are so vital to our lives that they can ...

Dharmendra Khandal

Sandalwood may get extinct if not protected

When we talk of sandalwood, the most common usage that ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture