Sign in

Graphite India says may cut jobs as demand slows

Graphite India Ltd said on Monday it may lay off employees across facilities in coming months as it cuts production on slowing demand.

Updated on: Jan 19, 2009, 14:12:19 IST
Reuters | By , Mumbai
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

Graphite India Ltd said on Monday it may lay off employees across facilities in coming months as it cuts production on slowing demand.

HT Image
HT Image

Steel companies, which are among Graphite's major customers, are battling slowing demand from auto and infrastructure firms, which has resulted in production cuts.