Innoventive Industries, continuing its cost optimization measures of the Tube Division, has decided to close down second shift operations with a view to eradicate operational inefficiencies during the month of October 2013. Manpower will be arranged accordingly. Further, Sheet Division would continue to observe 'No Working Days' at its Plants and offices for a period ranging from 1 to 4 days (excluding weekly holidays) during the month of October, 2013.
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.
Company Name | CMP |
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SamvardhanaMotherson | 127.10 |
TVS Holdings | 8230.75 |
Bosch | 29750.00 |
UNO Minda | 726.05 |
Varroc Engineering | 510.50 |
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