Maruti strike at Manesar plant enters seventh day
Moneylife Digital Team 10 June 2011

The strike at the plant is now threatening to spread to the Gurgaon-Manesar belt, with a panel of workers of various firms in the region warning of a similar stir if the demands of their agitating colleagues at India's largest car-maker are not met

New Delhi: The country's largest car-maker Maruti Suzuki India today said production at its Manesar facility continues to be completely stopped as the workers' strike at the plant entered its 7th day.

"The situation is the same as yesterday," a company spokesperson told PTI.

Around 2,000 workers at the plant have been on strike since Saturday, resulting in a production loss of about 5,400 units till yesterday. The value of the loss is estimated to be around Rs270 crore.

The strike at the plant is now threatening to spread to the Gurgaon-Manesar belt, with a panel of workers of various firms in the region warning of a similar stir if the demands of their agitating colleagues at India's largest car-maker are not met.

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.

The company's scrip was trading at Rs1,195.75 in noon trade on the Bombay Stock Exchange, down 1.77% from its previous close.

Comments
Neha
2 decades ago
yes it has dented India's image all over the world.that we have militant unions leaders supported by politicians and rivals company,.Indian will never learn good things from Japanese Unions,like work more sincerely,be dedicated and hard wroking.in case one wnats to protest wear black ribbon and produce more car per car.work extra mile,but we are doubt full people,our Integrity is in question mark.politics and corruptions has already ruined our image all over world.we really do not know when over all picture will improve because people who are in executive power are not willing to bring CHANGE due to vested interest.the congress is main culprit, even bjp or tdp they all are busy fighting them selves.congress taking advantages.it is time that INDIA shifts in to presidential system like USA so that some changes will bound to take place.the management and workers will have to work together for growth of the organisation which will benefits every one.stake holders,share holders,employees,customers,vendors and govt.negatives person must be thrown out immediately otherwise it will effect entire set up.take care.Deepak Joshi
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