Production pruning - Hinduja Foundries cuts production

Tuesday, 23 Dec 2008

Hinduja Foundries has announced that considering the reduced off take from commercial vehicle and tractor segments and the restrictions on power availability in Tamil Nadu, the production in the company’s manufacturing units will be suitably adjusted through further reduction in number of working days.

The release said that these measures are resorted to by the company to avoid a build up of inventory and will be continuously reviewed.

Hinduja is an automotive jobbing foundry catering to major automobile original equipment manufacturers.