Business

Mahindra to stop production for up to 8 days due to low demand

July 11, 2013 02:49 PM

NEW DELHI, July 11: Auto major Mahindra & Mahindra today said it will stop production at its automotive plants for up to eight days this month to cut output in the wake of low demand in the market.

"The company as part of aligning its production with sales requirements, would be observing 'no production days' at its automotive plants for a period ranging from 1 to 8 days during the remaining period of July, 2013," Mahindra & Mahindra said in a filing to the BSE. 

The company further said that one of its wholly-owned subsidiaries, Mahindra Vehicle Manufacturers Ltd would also be observing 'no production days' for about eight days during the remaining period of July, 2013 at its plant situated at Chakan.

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