Strike enters into 4th day at Manesar plant, Maruti loses over Rs 100 crore

Wednesday 08 June 2011, 00:00 AM by Vikas Yogi

The ongoing strike at the country’s largest car maker Maruti Suzuki’s Manesar plant entered into its 4th day on Tuesday as neither party is willing to back down, so far. About 600 workers of the company halted work demanding the recognition of their newly formed union at Maruti Suzuki. On the other hand, the company management stated that it will not allow the formation of any other union besides the already existing ‘Maruti Udyog Kamgar Union’.

On Monday, the company sacked 11 workers who were leading the protesting employees. The company said in a statement that it is in constant negotiation with the representatives of the workers. The statement added that Maruti is trying to talk them out of it.

Strike enters into 4th day at Manesar plant, Maruti loses over Rs 100 crore | CarTrade.com

So far, the company has suffered a production loss of over 3,000 cars, leading to a revenue loss of over Rs 100 crore. The production halt could also delay the launch of the new generation Swift and Dzire models from the plant.

In a statement, RC Bhargava, chairman, Maruti Suzuki India Ltd, said, "We are hopeful that an amicable solution would be found soon but if the strike continues, then it will affect our sales and increase especially the waiting period on our diesel cars."