Economic slowdown: Sundaram-Clayton declares non-working days at plants

Five-day shutdown at Chennai units starting Oct 29, Hosur to go silent for three days

Sundaram-Clayton Limited (SCL), the holding company of two- and three-wheeler maker TVS Motor, has declared non-working days at the company's major plants. The units in Chennai will not be operational between October 29 and November 2, while the one in Hosur will be shut between October 29 and 31, due to business slowdown across sectors.

This is not the first time that the company has declared non-working days. It had previously made such an announcement on October 1 and earlier in August, when it declared that its major plants would work only five days in some weeks of the month.

The company