The Padi factory of Sundaram-Clayton Limited (SCL), a TVS Group Company will remain closed for two days.
The company is a leading Indian manufacturer and supplier of aluminium die-cast products to domestic and global automotive OEMS.
The company has declared August 16 and 17, 2019 as non-working days for its Padi factory.
This is due to business slowdown across sectors, the company said in a statement on Friday.
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