Amid auto slowdown, Ashok Leyland announces non-working days at 5 plants
Commercial vehicle maker Ashok Leyland has announced that five of its plants will observe non-working days at five of its plants in September.
Citing weak demand, Ashok Leyland said in a regulatory filing on Monday, "We write to inform you that the following are the non-working days at our various plant locations during September 2019, due to continued weak demand for our products."
According to the filing by Ashok Leyland, Ennore plant will have 16 non-working days, Hosur 1, 2 and CPPS five days, Alwar and Bhandara 10 days. Pantnagar will have 18 non-working days.
Last week, Ashok Leyland had declared five non-working days in its Chennai plant amid auto sector slowdown.
Ashok Leyland had in August reported a decline of around 50 per cent in total sales. This comes amid India experiencing a slowdown in the auto sector with a slump in sales.