Maruti Suzuki, India's largest car maker ended a 13-day strike by employees on June 16, 2011 in the presence of the Haryana government, after the management agreed to take back the sacked employees. “Workers have decided to call off the strike and agreement has been signed. The production at the Manesar plant will start soon”, company official said.
About 800 workers, at the Manesar plant in the northern state of Haryana, had been on strike since June 4, demanding recognition of a new union specific to the plant. The company has one workers' union recognized by the management. The settlement, it is understood, makes no mention of the contentious issue of formation of a separate union at the plant at Manesar and also over the entry of outsiders in the new union that may take charge at the plant. The management has also taken back the sacked workers.
The company already banged by a massive slowdown in sales, Rs 420 crore and a production loss of 12,600 units. The Manesar plant rolls out about 1,200 units every day in two shifts. The factory produces hatchbacks Swift and A-Star and sedans DZiRE and SX4.
Company Name | CMP |
---|---|
Maruti Suzuki | 10904.75 |
Mahindra & Mahindra | 2906.40 |
Hyundai Motor India | 1764.75 |
Mercury Metals | 88.11 |
Hindustan Motors | 25.10 |
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