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Recession reports - TATA Motors to shut more plants

PTI reported that TATA Motors will shut down its commercial vehicle plants in Pune and Lucknow for 6 days during this month due to slump in demand.

A company spokesperson said that "There will be a block closure of our commercial vehicle plant in Lucknow on November 10th to 15th and that of Pune from November 21st to 26th".

The announcement comes after the company had announced shutting down of its heavy commercial vehicles hub at Jamshedpur for 3 days on November 6th to 8th. The spokesperson said that employees at the Lucknow and the Pune plants will be on paid leave during the period of plant shut down.

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