GTN Industries has suspended the manufacturing operations at the company's yarn processing unit located at Shadnagar with effect from September 07, 2011. There has been protest by the workmen against changes made in the pay slips by adding and deducting same amounts incurred towards certain expenses as a part of the cost to the company resulting no impact in their net pay.
However, this change has lead to stop of work by the workmen demanding additional compensation towards these items without accepting deduction. The workmen union has been making all the efforts to take undue advantage of the said classification proposed by the company and started illegal protest for the same by suspending the operations at the plant.
All the efforts are being made by the management to resolve the issue and to bring normalcy. There has been series of meeting held with Labour Department / Union and it is expected that the matter shall be resolved shortly.
GTN Industries is having vertically integrated manufacturing set-up to produce fine and superfine cotton yarns, grey knitted fabrics, gassed fabrics, organic fabrics, mercerized fabrics and life style garments and Double Mercerized Cotton offers a unique One Stop Shop to those looking for an operationally strong and reliable source.
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