Friday, 10-09-2010 - 06:27:30 PM
 
Home Nashik News Nashik Business Nashik KB Music Nashik Jobs Login

   
   

 

 


Bosch Nashik to cut production due to demand slump

  Tuesday, 25-11-2008 at 10:34:22 AM
 


MUMBAI: German auto component maker Bosch said it will briefly stop producing some vehicle parts at its manufacturing facilities in India for guarding against inventory pile up due to slowdown in the country's automart.

The company would stop producing some selected auto components at its Naganathapura plant for four days, while productions of few parts at Nashik facility would be stopped for two days during the current week.

In a filing to the Bombay Stock Exchange, Bosch said it would stop “the manufacturing activity of starters and generators at its Naganathapura plant starting from November 26 to November 29, 2008''.

The company said the slump in demand has forced it to take this step to match with production levels.

“In order to adjust production to meet the demand for products and to avoid unnecessary inventory buildup'' the company is closing down temporarily select facilities, the filing added.

Bosch has also decided to hold production of some components at its Nashik plant for two days. - PTI

  News Story Submitted By Jaunty Edward

 

  Latest Ten Headlines on Nashik.co.in

Need a Post Graduate PHYSIOTHERAPIST? - Health

1

KUDOS TO ANTI ENCROACHMENT DEPARTMENT OF NMC!!! - City

2

Noise polluted Units to go from Residential Areas!!! - Music

3

START YOUR OWN SIDE BUSINESS WITH IN TWO MONTS - Education

4

mega offer for college girls & boys only - Education

5

Overloaded vehilcles and trailors - City

6

Recession gone - Nasik on IT Map. - Computer and IT

7

Clinical research and clinical data management - Computer and IT

8

Current Political scenario of India - Politics

9

rasins supplier advertise is not true - Business