Ashok Leyland to halt production for up to 15 days in October
New Delhi: After its sales witnessed a major slump in August and September, commercial vehicles major Ashok Leyland on Friday said non-working days for all its plants may range between two to 15 days in October.
Sales of commercial vehicles have been declining since July and Ashok Leyland, one of the largest manufacturers of commercial vehicles, reported a reduction of at least 50 per cent in its sales numbers in September as compared to the same period in 2018.
"We hereby inform you that to align our production in line sales, the company's plants at various locations will be observing non-working days ranging from 2-15 days during the month of October 2019," Ashok Leyland said in a statement filed with the National Stock Exchange (NSE) on Friday.
The company had been announcing non-working days since August citing continuation of sluggishness and contraction in the commercial vehicle market.
The company maintains that the proposed shutdown is part of “corrective actions” are being taken to safeguard the interests of the company.
The decision by Ashok Leyland came days aer the company released its sales figures for the month of September that reported a 50 per cent drop.
Courtesy: www.deccanherald.com
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BJP will win more seats in 2024 LS polls than in 2019: Tejasvi Surya
Meerut (UP) (PTI): Bharatiya Janata Yuva Morcha (BJYM) president Tejasvi Surya claimed on Tuesday that the BJP will get more seats in next year's Lok Sabha polls compared to the 2019 general election.
He also said the "double-engine" government led by the Bharatiya Janata Party (BJP) has changed the face of Uttar Pradesh.
Addressing a BJYM convention in Meerut, Surya said, "The BJP will get more seats in the 2024 polls than in 2019 and (Prime Minister Narendra) Modiji will score a hat-trick for a third innings."
The member of Parliament from Bangalore South also alleged that before 2014, when the Modi government came to power, there was a misrule in the country, adding that nine years of the Modi government have proved to be more effective than the 70 previous years. People's welfare is the topmost priority of this government, he said.
Surya said the "double-engine" government has changed the face of Uttar Pradesh, adding that thanks to Prime Minister Modi and Chief Minister Yogi Adityanath, the law-and-order scenario of the state has also improved.
"Double engine" is a term often used by BJP leaders to refer to the saffron party being in power at the Centre as well as in a state.
Surya said under Modi's leadership, India has got respect at the global stage, which is only increasing.
The prime minister is trying to take the country to new heights, he added.
