Tata Motors, Mahindra to shut plants for 6 more days

The country's top two automakers Tata Motors and Mahindra and Mahindra Ltd, hit by rising inventories and slowing sales, are closing their plants for up to six days in December.

Tata Motors said it will keep its plants at Jamshedpur and Pune closed for six days in December to cut down on inventories amidst a slump in demand for commercial vehicles.

Mahindra & Mahindra also is closing plants for up to six days as the tight credit market hits demand for vehicles.

Tata Motors earlier this week shut its commercial vehicle plant in Pune for three days. 

The company said it would call for appropriate action from time to time to match production with demand and avoid unnecessary build-up of inventories in the company or with the dealers.

Tata Motors, India's top bus and truck maker, reported a 30 per cent drop in November vehicle sales, at 32,696 units.