German auto components major Bosch India has decided to shut production for up to 10 days per month in the third quarter (October-December) of fiscal year 2019-20 due to slowdown, said an official on Saturday.
Bosch said in a regulatory filing on Friday that it would continue to observe “no production days ranging up to 10 days per month per plant” during the third quarter of current financial year.
The move is to align production with sales requirements and would impact various plants belonging to the company's powertrain solutions division, the company said.
With 10 days a month, production in its plants across the country will be curtailed by 30 days of the quarter's 90 days.
The 68-year-old German subsidiary which was earlier known as Mico Industries, has 18 manufacturing sites and 7 development and applications centres across India.
The German behemoth is a leading supplier of mobility solutions, industrial technology, consumer goods and energy and building technology.
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