Top Indian vehicle makers Tata and Mahindra plan cuts amid industry crisis
Slowing demand triggers heavy job losses
11 August 2019 - 16:40
Bengaluru — Indian vehicle makers Tata Motors and Mahindra and Mahindra (M&M) said on Friday they would cut production at some plants in response to slowing demand that industry executives say has driven the sector into one of its worst downturns.
Tata, which had previously flagged a “challenging external environment”, said it closed some blocks at its Pune plant in the western state of Maharashtra...
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