Due to poor inflow of orders, ZF Steering Gear India Ltd is shutting its factory and office from 21 January. The block-closure would be for a period of seven days.
The company is not able to utilise its production capacity, especially in the commercial vehicle section.
This will be second block closure after the earlier block closure effected by the company, from December 25, 2008 to January 1, 2009.
