Ashok Leyland Ltd. will close its manufacturing plant in Pantnagar, Uttarakhand, for nine days from July 16 to July 24 because of weak demand for commercial vehicles in India.
The plant, which can manufacture 1.5 lakh units annually, was closed intermittently for around seven days between June 17 and June 29, said the company on Monday.
The decision to stop operation again comes at a time when the commercial vehicles industry is slowing down. Ashok Leyland 's competitor Tata Motors recently decided to close its Pantnagar facility for two days--July 13 and 22--for optimum line utilisation and effective productivity, according