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Kirloskar Electric extends lay-off at its Electronic unit at Mysore

20 Jan 2014 Evaluate

Kirloskar Electric Company has decided to extend the lay-off of 53 workmen from its Electronic unit situated at Mysore until further notice. The company had earlier informed that it would lay-off 53 workmen from its Electronic unit till January 24, 2013.

Kirloskar Electric Company is the manufacture, sales and services of diverse range of electrical and electronic equipment such as AC Induction Motors, AC Generators, DG Sets, DC Machines & Traction Equipment, Transformers, Switchgears, Control Equipments and Systems etc., The projects and system division of the Company has specialized in executing system packages for large industries like steel, fertilizers, cement, sugar and other core sectors.

Peers
Company Name CMP
Waaree Energies 2350.00
Apar Industries 18116.70
Havells India 1052.10
Suzlon Energy 39.59
Siemens 3670.00
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