Jamshedpur: Production will be halted at Tata Motors block in Jamshedpur for three days from Thursday because of the 'prevailing economic condition', the company said on Wednesday.
"A block closure has been announced from June 28 to 30 in the Jamshedpur plant," Tata Motors spokesman P J Singh said.
"We are market driven company that is why we have taken the decision," Singh said when asked for the reason.
"The block closure was taken in view of the quarterly closing as we cannot pile up inventory," he added....more
05:25 PM, Jun 27, 2012