The shareholders of the country’s largest car maker Maruti Suzuki have urged the company to have better labour relations at the recently held annual general meeting of MSIL. It is to be mentioned here that Maruti Suzuki has been struggling with a series of labor problems at the Manesar based plant for a long time now. The company has lost a substantial amount of production as well as profit due to a number of shutdowns and labour agitations in recent years.
Recently, the company’s Manesar plant was shut down for a month following deadly violence between management and workers. The firm lost around $250 million due to this shutdown with loosing production substantially.
Speaking to the company’s board of directors during this meeting, D.D. Sadhana, a shareholder said, "The management should think of bolstering industrial intelligence." He added, "Had it been active, we would have known what is happening."
Speaking to the shareholders, company’s chairman Mr. R C Bhargava said, "This AGM is not being held in the happiest of circumstances because of what happened on July 18, unprecedented not only in the history of Maruti, but industrial India." He added, "Only one died, but many more could have because of the way the attacks were carried out."
