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Slowdown signs - TATA Motors to halt production at Jamshedpur

TATA Motors has announced that it will stop production at its commercial vehicle plant at Jamshedpur for five days from January 27th to avoid inventory build up amid slumping demand, reports Economic Times.

TATA Motors said that the decision was taken to avoid unnecessary build up of inventories in the company or with the dealers in the absence of demand. It had earlier taken its way out to block closure in November and December last year.

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