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Innoventive Industries' Tube and Sheet Division to observe ‘No Working Days’

14 Sep 2013 Evaluate

Innoventive Industries’ Tube and Sheet Division would be observing ‘No Working Days’ at its plants for a period ranging from 1 to 4 days, excluding weekly holidays during the remaining period of September, 2013. This step taken by the company is part of aligning its production with sales requirements and also to cut overall cost.

Innoventive Industries manufactures precision steel tubes, membrane panel strips, auto components, oil well drilling couplings, pup joints and other precision steel products catering to applications in diverse sectors such as transportation, boilers & heat exchangers, energy, oil & gas, farm equipment & general engineering.

Peers
Company Name CMP
SamvardhanaMotherson 125.00
Tube Investments 2789.65
Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
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