Nashik: A Growth In Economic Development Nashik has been identified as a 2 tier metro and is one of the nations fastest growing cities. Since the 1970s the city has witnessed the growth of engineering and manufacturing industry which has driven the economy forward. Major automobile companies such as Mahindra, BOSCH as well as equipment [...]

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Nashik has been identified as a 2 tier metro and is one of the nation’s fastest growing cities. Since the 1970s the city has witnessed the growth of engineering and manufacturing industry which has driven the economy forward. Major automobile companies such as Mahindra, BOSCH as well as equipment manufacturers such Samsonite, CEAT have their [...]

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 Utility major Mahindra & Mahindra on Friday said it has signed a long term wage agreement with employees of its Igatpuri unit at    Nashik. However this agreement doesn’t have any impact on its Nashik main unit where employees have been styriking work since the past two weeks.    The Igatpuri unit is a smaller [...]

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After freezing production plans at its upcoming Chennai plant due to economic slowdown, French carmaker Renault has decided to use its partnership with Mahindra to roll out Sandero hatchback in India in 2010. The plan will also help the companies use excess capacity at their Nashik plant, after poor response to the Logan sedan.  Sandero will [...]

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Bosch Ltd said on Friday it would temporarily suspend operations at three manufacturing units across India to avoid inventory build up. The company would suspend manufacturing of starters and generators at its Naganathapura plant between Jan. 10 and Jan. 31, it said in a statement. It would suspend some of its manufacturing operations at its Bangalore [...]

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With recession hitting the automobile industry, Satpur-based tyre manufacturer CEAT has asked its workers to temporarily suspend work for a week. Addressing a meeting of workers at Satpur, the Centre for Indian Trade Unions (CITU) Vice-President Mr Sayeed Ahmed said that CEAT had suffered heavy losses due to rising commodity prices such as petrol and [...]

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Auto major Mahindra & Mahindra today said it will shut down its five manufacturing plants that produces cars, utility and commercial vehicles for 3-6 days this month. “The manufacturing plants of the automotive sector (Nasik, Kandivli, Igatpuri, Zaheerabad and Haridwar) will work partially during the month,” M&M said in a communique to the Bombay Stock [...]

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