Bosch to suspend production to avoid inventory build-up
January 9th, 2009 - 5:06 pm ICT by IANSBangalore, Jan 9 (IANS) Leading automotive and industrial major Bosch Ltd will suspend production from Saturday to avoid building inventory, the company said Friday.In a notification to the Bombay Stock Exchange (BSE), the listed German subsidiary said it would suspend manufacturing of starters and generators at its Naganathapura plant on the outskirts of Bangalore for 21 days from Jan 10.
“Operations at our main plant in the city will also be suspended for two days from January 15-17 and adopt a five-day week from January 19 to February 28,” the company said in the statement.
The company will observe block closure at its Nashik plant in Maharashtra for a week from Jan 19.
- Bosch lifts lockout following truce with labour (Lead) - Mar 13, 2010
- Bosch defers lockout at main plant, wage talks on - Mar 12, 2010
- Bosch settles wage dispute with workers' union - Mar 24, 2010
- Lockout in Bosch plant as staff strike for wage hike - Mar 09, 2010
- Bosch threatens second lockout as workers remain adamant - Mar 11, 2010
- Bosch India net up 31 percent in 2011 - Feb 28, 2012
- Bosch Ltd second quarter profit rises 21.17 percent - Oct 26, 2010
- Striking Comstar Automotive workers plan fast - Aug 19, 2011
- Bosch Automotive to supply brake solutions for Tata Nano - Jun 10, 2009
- Bosch to invest Rs.2,200 crore to ramp up production - Jan 04, 2012
- Bosch India net up 45 percent on robust growth - Mar 01, 2011
- Kalam unveils Bosch research centre at IISc - Nov 08, 2011
- Strong growth prompts Bosch to invest more in India (Lead) - Jun 02, 2011
- Comstar Automotive strike continues for 14th day - Aug 24, 2011
- Bosch to set up research facility at IISc - Jun 02, 2011
Tags: bombay stock exchange, bosch, closure, generators, german subsidiary, jan 19, january 19, maharashtra, outskirts, starters