Amid the slowdown in the auto industry, 12.25% decline in production in April-August 2019 compared to last year. Commercial vehicle maker Ashok Leyland has announced a list of non-working days (total 59) across its plants in September.
According to the News Minutes, “We write to inform you that the following are the non-working days at our various plant locations during September 2019 due to continued weak demand for our products,” Ashok Leyland said in a regulatory filing.
The company’s Ennore plant will be shut for 16 days. In Tamil Nadu, its plant in Hosur 1, 2 and CPPS will not work for 5 days, while the one in Alwar (Rajasthan) and Bhandara (Maharashtra) will see 10 non-working days each. Its Patnagar (Uttarakhand) plant will see the most – 18 — non-working days.
This comes after the company’s employees in the Ennore plant received a letter that September 6 and 7 would remain a holiday and September 8, 10 and 11 will also see no operations at the plant.
The five days of non-production in the plant is expected to affect 5,000 workers, including 3,000 contract workers, according to reports. Wages for these non-working days will be decided later by the Ashok Leyland Employment Union.
The company along with other auto manufacturers have come under pressure after demand took a hit. It is already down 31 percent in the last three months. At 1112 hours, Ashok Leyland was quoting at Rs 62.70, down Rs 1.20, or 1.88 percent.
