Ashok Leyland Announces Non-Working Days At Factories In September
Workers weld the cab of a vehicle on an Ashok Leyland Ltd. production line in Hosur, India. (Photographer: Rogan Macdonald/Bloomberg News)

Ashok Leyland Announces Non-Working Days At Factories In September

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Hinduja Group’s flagship firm Ashok Leyland Ltd. announced non-working days at its various manufacturing facilities following weak demand.

Chennai-based heavy commercial vehicle major Ashok Leyland announced, in a stock exchange filing,16 days of non-working days for its facility in Ennore, five days at Hosur (Tamil Nadu) unit, 10 days each in Alwar (Rajasthan) and Bhandara (Maharashtra) unit and 18 days in Pantnagar (Uttarakhand) facilities.

The move by the company follows slowdown in the automobile sector that has forced many manufacturers and component suppliers to cut production and plan temporary plant closures.

Last month, Chennai-based TVS Group auto component maker Sundaram Clayton, automobile major Maruti Suzuki India Ltd., and two-wheeler maker Hero MotoCorp Ltd. had announced suspension of production at their facilities in line with market demand.

Tata Motors Ltd. and Mahindra & Mahindra Ltd. have also said they are suspending automobile manufacturing in order to adjust production with market demand.

Shares of Ashok Leyland fell 3 percent intraday to Rs 62 on the BSE.

Also read: TVS Group Companies Announce Non-Working Days Amid Auto Sector Slowdown

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