Bosch India to stop engine production to adjust with market demand
Auto components major Bosch on Friday said it will suspend production at its powertrain solution division manufacturing plants for up to 10 days per month during the third quarter (October-December) in order to adjust production to market demand.
“In order to align production with sales requirements, the company at its various plants belonging to powertrain solutions division would continue to observe no-production days ranging up to 10 days per month per plant during the third quarter of the 2019-20 fiscal,” Bosch Ltd said in a regulatory filing.
In August, the company had announced that it will temporarily stop production at its two plants separately during the month for a total of 13 days to “avoid unnecessary build-up of inventory”.
