Tata Motors to shut plant in Jamshedpur for three days

[Kalyan]

Tata Motors to shut plant in Jamshedpur for three days

Tata motors is feeling the heat of slowing demand. It has decided to keep its Jamshedpur plant closed for three days from November 6 to 8. At the same time, UK-based Jaguar Land Rover (JLR) said it was extending its voluntary redundancy offer scheme to eliminate 400 more jobs.

Tata Motors is effecting what it calls a 'block closure' at its Jamshedpur plant for three days to match production with demand and avoid build-up of inventory in the company or at the dealer-end.

Last month, Tata Motors served a 'no work' notice to around 300 non-permanent workers of this plant, one of its largest plants producing multi-axle vehicles, tractor trailers and tippers.

Sales of trucks — especially lorries that haul large goods and consignments — are hit by 25-40% last month. "This three-day closure is in our Jamshedpur plant, but we are keeping a close watch on the commercial vehicle market scenario," the company said in a statement.

"About 95% of commercial vehicles are purchased through financing. While we do not declare production rates, as has been seen in October across the industry, unavailability of finance, coupled with high interest rates, is forcing customers to postpone purchases. We are keeping a close watch on the market scenario," a company official said. However, "the car plant is working in its normal manner," the company said.

Hit by the recession, Jaguar Land Rover said it was extending its voluntary redundancy offer scheme, which had received higher-than-expected response. Three weeks ago, around 198 hourly-paid staff took voluntary redundancies. This time, around 400 more are expected to accept the scheme, taking the total number of jobs shed to 600.

[sajiv]

Tata Motors to stop production for 3 days in its heavy vehicle plant

Jamshedpur : Amidst the ongoing financial slowdown and production slump, Tata Motors, the largest automobile manufacturer of the country, will close its production line in the Jamshedpur heavy vehilce plant for three days begining tomorrow.Confirming the move, the spokesperson of the company's labour union Bachha Singh told UNI here today that the plant would be on a block closure from tomorrow for three days during which all production will be stalled.

''The management has informed us about it and said that this step was being taken as a cost cotrol measure. The production has dropped from almost 500 units per day to around 150 recently. The closure would be adjusted on the lines of earn live,'' he added.The auto giant has already disengaged almost all of its around 3,000 non-permanent workers due to production slump. It gave no work notice to half of them on October 20, 23 and November 3. Half of such workers were ousted during the general monsoon slump and were not taken back.Recently the plant had brought down the number of production shifts to one from the normal three days.

[sajiv]

Recession hits Tata, Sail; plants shutdown

New Delhi: The financial meltdown is hitting India's industries.Tata Motors has shut its Lucknow plant for six days starting on Monday and has decided to shut down its Pune plant from November 21 to November 26.

Workers are being asked to go on a three-day forced leave and three-day leave on half-pay.It will be a six-day forced leave for employees. Additionally, they have been asked to write and submit a leave application for the six days.Meanwhile, reports are coming from steel giant Sail that it has decided to cut production at Rourkela plant on fall in global demand.This comes even when the company's second quarter net profit was up 18.16 per cent.