Nelcast cuts production at 2 plants as demand eases

Newswire

MUMBAI, Nov 25 (Reuters) - Auto parts maker Nelcast Ltd said it cut production at two of its plants as demand for the firms' castings have come down substantially, due to low production of tractors and commercial vehicles. The company has reduced production at its Gudur facility in Andhra Pradesh and Ponneri plant in Tamil Nadu, it said in a statement on Tuesday. "This will continue for some time until demand picks up for commercial vehicles and tractors,"it said. (Reporting by ...

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