Toyota Kirloskar Motor (TKM) on Tuesday said the labour strike at its Bidadi-based manufacturing plant in Karnataka has come to an end. In November last year, the automaker had to declare a lockout at the facility following workers' union members resorting to a sit in strike at the factory premises to protest against the suspension of a worker.
Toyota Kirloskar Motor on Tuesday said it has lifted the lockout at its Karnataka (Bidadi)-based manufacturing plants.
Battered by the Covid-19 pandemic, the maker of the Fortuner and Innova models is staring at a steep loss in the ongoing financial year.
Production at the maker of Innova and Fortuner has been crippled and it's operating at less than 10 per cent capacity.
This crisis has arisen just as demand in India's auto sector started seeing some sort of revival after the nationwide lockdown in March/April.
When the workers returned to work for the 6 am shift on Monday morning, the management insisted each employee sign an undertaking, but the workers refused to do so.
Of the 6,400 Toyota employees, about 4,000 are union members and the remaining of them are on contract in both the factories.
The company aims to contribute a sizeable portion of the Indian passenger car market by 2025, by when it expects the market to touch 10 million units.
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