Nashik
Ceat Closes 2 Plants Temporarily
Submitted by Navjot Singh on Sat, 12/27/2008 - 06:40Ceat Ltd, India’s leading tyre maker, announced that it has temporarily closed its plants situated at Bhandup and Nashik in Maharashtra.
According to sources, the conglomerate has temporarily suspended its Maharashtra units to avoid inventory pile-up.
Company’s Bhandup plant will remain closed from Dec 26 to Dec 28, and Nashik plant will follow the shut down from Dec 25 to Dec 31.
According to company officials, during shut period, the proposed plants will continue routine maintenence operations.
