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Pak Suzuki expands plant closure

  KARACHI: Pak Suzuki Motor Co Ltd (PSMC) has broadened the conclusion of its auto and bicycle plant by one more week on a "proceeded with deficiency of stock level", The News revealed. In a previous warning on June 19, the organization had reported creation slices from June 22 to July 08, 2023, which it has now reached out till July 15. The choice came because of a steady deficiency of natural substances, which was conveyed in a proclamation delivered to the Pakistan Stock Trade (PSX) on Tuesday. "Because of proceeded with lack of stock level, the administration of the organization has chosen to expand the closure of auto and cruiser plant till July 15, 2023," the PSMC organization secretary informed in the notification. The organization kept its cruiser plant shut for five days toward the beginning of June, and the vehicle plant additionally stayed shut in May for eight days alongside the bike plant. Since July of the earlier year, the organization has been distre...