Bosch To Undertake 13-Day Production Suspension Across Two Plants
It will temporarily stop production at two plants separately this month for 13 days to avoid unnecessary build up of inventory.
Auto components major Bosch Ltd. on Wednesday said it will temporarily stop production at its two plants separately this month for a total of 13 days to “avoid unnecessary build up of inventory.”
Production at the Gangaikondan plant in Tamil Nadu will be suspended for a total of five days on Aug. 10, 16, 17, 24 and 31, Bosch said in a regulatory filing.
Further, production at Nashik plant in Maharashtra will also be suspended for eight days on Aug. 16, 17 and from Aug. 26 to 31, it added.
The company said the decision to suspend all manufacturing operations at the two plants for the said days has been taken “with a view to adjust production to meet the demand for products and to avoid unnecessary buildup of inventory”.
Earlier this month, the company had suspended all manufacturing operations at its plant at Bidadi for three days from Aug. 1-3.