Ucal Gasoline Methods has determined to shut fully the manufacturing actions at its Plant II located at A-98-A100-A107, PIPDIC Industrial Property, Mettupalayam, Puducherry – 605 009 to be efficient from 12 March 2022.
The corporate added that the restriction on emission norms imposed by the Authorities, technological change, and transition of Bharat Stage IV to Bharat Stage VI, and in the end to Electrical Automobiles has resulted in rendering its merchandise fully out-dated and fall into disuse.
Various merchandise within the gas techniques and diversification of enterprise have been thought of to be far-fetched in addition to Firm going through intense competitors. As such there isn’t a different enterprise or enterprise prospects to proceed the operation at Puducherry Plant II.
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First Revealed: Mon, January 10 2022. 08:53 IST