Earlier, TVS Group firm Sundaram-Clayton Ltd, automaker Maruti Suzuki Ltd, and Hero MotoCorpo had announced suspension of production at their facilities to align with the market demand iStockAuto-components maker Pricol on Thursday announced non-working days in its facilities across the country in October. According to the company, the non-working days would be implemented at its Coimbatore plants 1, 3 and 4; at units 2 and 9 in Gurugram, unit 5 in Pune, plant 10 in Sri City and unit 7 in Pantnagar. The Tamil Nadu-based company had announced non-working days for eight out of its 10 plants in the country last month. Hinduja Group heavy commercial vehicle maker Ashok Leyland had announced non-working days at its various manufacturing facilities following weak demand. Shares of Pricol Ltd were trading at Rs 31.25 apiece down by 4.87 per cent over previous close in BSE.

Source: The Telegraph October 10, 2019 10:18 UTC