Bosch announces 5-day production cut at TN plant

Mumbai: The Indian arm of German components manufacturer Bosch has announced five days of production cut at its plant in Tamil Nadu to adjust for shrinking demand amid an ongoing slowdown in the automotive industry.

Production will be suspended at the Gangaikondan plant from July 23 to 27 “to adjust production to meet the demand for products and to avoid unnecessary build-up of inventory”, Bosch said in an exchange filing over the weekend.

The plant handles production for Bosch’s Gasoline Systems business division and manufactures power train sensors, fuel-delivery modules and air management components for automotive and two-wheeler systems.


On Monday, Bosch’s shares closed nearly flat at Rs 15,151.60 on the BSE. They earlier opened at their 52-week low of Rs 15,053.65.