Ashok Leyland To Suspend Manufacturing For Up To 15 Days In October
An Indian truck driver uses the side-view mirror of his Ashok Leyland Ltd. truck to shave prior to heading out on the day’s runs in Mumbai. (Photographer: Santosh Verma/Bloomberg News)  

Ashok Leyland To Suspend Manufacturing For Up To 15 Days In October

Bookmark

Ashok Leyland Ltd. on Friday said it will suspend manufacturing at its various plants for up to 15 days this month in order to adjust production to market demand.

"To align our production in line with our sales, the company's plants at various locations will be observing non-working days ranging from 2-15 days, during the month of October," the Hinduja flagship said in a regulatory filing.

The company's move comes in the wake of slowdown in the domestic automobile industry, forcing automobile companies to take production cuts in order to reduce inventory at dealerships.

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

Last month, the Chennai-based firm had announced 16 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.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.