Seeing slow offtake, Mahindra to halt production for 4 days at 2 tractor plants

Written by fe Bureau | Mumbai | Updated: Oct 11 2014, 08:09am hrs
Utility vehicles and tractor maker Mahindra & Mahindra on Friday said it will stop production for four days this month at its tractor plants in Rudrapur and Jaipur.

As part of aligning its production with sales requirements, Mahindra & Mahindra would be observing no-production days at the companys tractor plants located at Rudrapur and Jaipur for four days during the balance period of October, 2014, the company said in a statement to the Bombay Stock Exchange.

The management does not envisage any adverse impact on availability of tractors in the market due to adequacy of tractor stocks to serve the market requirements, the statement said.

Mahindra has tractor manufacturing plants in Mumbai, Nagpur, Rudrapur, Jaipur, Mohali and Rajkot. It also has plants overseas USA (two), China (two) and Australia (one).

M&M, the largest tractor maker in the country, saw robust sales in FY14 selling 2,60,000 tractors, annual growth of 22%.