ACGL to partially shut plant from Jan 5

Automobile Corporation of Goa Ltd (ACGL), an associate company of Tata Motors, has decided to shut down one of its plants from January 5.

According to sources, the conglomerate has taken this step due to decline in demand for sheet metal pressings and bus bodies.

According to the reports, the demand for both pressings and bus bodies would be met from Plant I located at Honda, Sattari, Goa with effect from January 05, 2009.