Thursday, November 6, 2008

Tata Motors Gose For Shut Down

Tata Motors is going in for a 3-day shut down at its commercial vehicles plant at Jamshedpur starting from 6 November. This is being done in order to reduce inventory cost. The company has attributed the shut down to a demand slump.
A day after it announced plans to briefly shut down its heavy commercial vehicles plant in Jamshedpur,
Tata Motors, India's largest automobile company, had yesterday announced shutting down its Jamshedpur unit, the mother plant for its heavy commercial vehicles, for three days due to slump in demand.

Prakash's Graphic Signature

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