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Rediff.com  » Business » Strike at Maruti's Manesar plant enters seventh day

Strike at Maruti's Manesar plant enters seventh day

Source: PTI
June 10, 2011 11:09 IST
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The country's largest carmaker Maruti Suzuki India on Friday 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 said.

Around 2,000 workers at the plant have been on strike since Saturday, resulting in a production loss of about 5,400 units, so far.

The value of the loss is estimated to be around Rs 270 crore (Rs 2.7 billion). 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 Rs 1,198.80 in the morning on the Bombay Stock Exchange, down 1.52 per cent.

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