Business Monday, November 10, 2008

Tata Motors to keep Pune plant closed for six days

From correspondents in West Bengal, India, 09:01 PM IST

Tata Motors will keep its commercial vehicles plant in Pune closed Nov 21-26, a company official said.

'To match demand with supply, we will keep the plant closed. At present, demand is low as buyers are postponing purchases due to inadequate finance in the market and high interest rates,' the official said.

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