3-day block closure at Tata Motors’ Jamshedpur plant

A three-day block closure at Tata Motors’ Jamshedpur plant has begun on Thursday.

“Keeping in view the prevailing economic scenario, we have taken appropriate action time to time to match production with demand,’’ company sources said.

The closure, which would be observed from August 29 to 31, was aimed to prevent unnecessary build up of inventory in the company as well as at dealers’ end, sources said. A circular in this regard was issued by the company last week.

General Secretary of Telco Workers’ Union (TWU) Chandrabhan Singh said the economic slowdown and slump in demand of heavy commercial vehicles were the reasons behind the company’s decision.