For period up to January 2015
Mahindra CIE Automotive announced that the Company has five divisions viz. Forgings, Castings, Magnetic Products, Stamping, and Composites. Stampings Division has four plants, Composites has two plants and other Divisions have one plant each.Further the Company has informed that, as a part of the efforts to align its production with sales requirements, the Company may observe on a need basis, 1 to 7 days in a month as No Production Days at some of its plants of Forgings/ Castings / Magnetic Products/Stampings during the period up-to January, 2015.
The Management does not envisage any adverse impact on the availability of products to the Customers due to adequacy of stocks to serve the customers requirement.
Powered by Capital Market - Live News
