Bosch will temporarily stop or reduce production at some of its Indian plants this month in a bid to avoid unnecessary build-up of inventory.
The Bangalore Stock Exchange revealed the German component manufacturer was to alter production at what it termed “some” plants in India to address the inventory situation.
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Indian reports indicate manufacturing would either partially or fully stop at Bosch’s plants in Bangalore, Nashik and Jaipur during August, but calls to the parts maker in Germany were unable to confirm whether or not those factories had been earmarked for the work reduction.
