Kesoram Industries has temporarily shut production at its Birla Tyres unit at Balasore, Orissa, from 19 to 31 January.
Go deeper with GlobalData
The diversified group was forced to shut down operations due to the ongoing slowdown both in the domestic and overseas auto markets, it told Reuters.
It was the second time Kesoram had shuttered the tyre unit after previously stopping production from 17 to 13 December.
Production would resume from February but only for 13 days each month till 31 March, the report added.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
