Sundaram-Clayton declares 5-day working week on biz slowdown

Sundaram-Clayton Ltd, a leading supplier of aluminium die-cast products, on Friday said the company would be working five days a week following the slowdown in the automobile sector.

The city-based TVS Group firm had announced last week that August 16, 17 will be 'non-working days' for its factory at Padi, Chennai due to business slowdown across sectors.

In a BSE notification on Friday, Sundaram-Clayton said "the company's major plants will be working for five days in a week due to business slowdown across sectors."

Sundaram-Clayton Ltd has three facilities near Chennai, one at Hosur and another unit in South Carolina, United States.