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Rediff.com  » Business » Strike at Maruti's Manesar plant enters 4th day

Strike at Maruti's Manesar plant enters 4th day

Source: PTI
June 07, 2011 12:45 IST
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Maruti logoThe strike by workers at the country's largest car maker Maruti Suzuki India's Manesar plant entered its fourth day on Tuesday and production continued to be completely affected.

"The situation is the same as Monday," a company spokesperson said.

The company on Monday sacked sacked 11 employees atthe plant for allegedly inciting others to strike work.

About 2,000 workers at the plant had gone on strikesince Saturday, resulting in a production loss of about 1,800 units till on Monday and the value of the loss is estimated tobe around Rs 100 crore (Rs 1 billion).

The Manesar plant rolls out about 1,200

units every dayin two shifts.

The factory produces hatchbacks Swift andA-Star and sedans DZiRE and SX4.

The company's scrip was being quoted at Rs 1,223.20 pershare at noon on the BSE, down 0.71 per cent.

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