India's Maruti says to shut output for 2 days -BSE

Newswire

BOMBAY, March 18 (Reuters) - India's biggest car maker, Maruti Udyog Ltd. , told the Bombay exchange on Friday it would shut down production for two days -- March 19 and March 25 -- due to slower-than-expected demand. The company, which is 54.2 percent-owned by Japan's Suzuki Motor Corp. , said despite the revision in production, it would record its highest monthly sales ever in March. Shares in Maruti were down 1.6 percent at 429.25 rupees in a weak Bombay amrket.

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