Workers at Bajaj Auto’s Chakan plant finally called of their 50-day strike today and are slated to return to work on 16 August.
Rajiv Bajaj, managing director, Bajaj Auto in an interview with CNBC-TV18 confirmed that the strike has been called off but the company is still awaiting an official confirmation from the workers.
The workers at the Chakan plant had gone on strike since June 25. The management had claimed that “stopped coming” to work thereby affecting production following refusal to allot them shares at discounted price.On the other hand, the workers have asked for higher wages and reinstatement of sacked colleagues.
Bajaj said that the existing wage agreement has been scrapped and the management is currently working on a new agreement.However, the management has not agreed on employee stock ownership plans
The company suffered a production loss of 20,000-30,000 vehicles in June due to the 50-day strike.
Rajiv Bajaj Auto had on August 5 set a deadline for the resolution of the strike for August 12. Failing which, the company would have to shift 50% of production and machinery to its plants in Aurangabad and Pantnagar.
[caption id=“attachment_1030081” align=“alignleft” width=“380”]  Workers at Bajaj Auto’s Chakan plant finally called of their 50-day strike today and are slated to return to work on 16 August.[/caption]
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More ShortsBajaj today said extended the deadline for the permanent transfer of 50 percent of production from there to other units till Friday.
In a statement, Bajaj Auto managing director Rajiv Bajaj said over the last week there have been several rounds of discussion between representatives of the union and the management, in an effort by both sides to resolve the strike at the Chakan plant.
“However, the COO Pradeep Shrivastava has informed me that both sides are hopeful of arriving at a mutually acceptable solution in the next two days, and he has therefore requested me to accordingly extend the deadline,” Bajaj said.
Consequently the final deadline will now be Friday, August 16, 2013, after which “the management can and will take all such steps as it deems necessary to protect its future business interests”, he added.
Bajaj asked workers at the Chakan plant “not to suffer any further on account of what are entirely irrational demands, but to instead rejoin their duties at the earliest”.
He said the management has the necessary arrangements to ensure safety and convenience of the workers.
The Chakan plant has an installed capacity of over 3,000 units a day. It employs over 1,500 workers.
With inputs from PTI


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