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Automotive Stamp inks wage agreement with Workers’ Union at Chakan plant

18 Feb 2014 Evaluate

Automotive Stamp has signed a long-term productivity linked wage agreement with the Workers' Union at Chakan plant of the Company on February 14, 2014.

Automotive Stampings and Assemblies is into the production of a wide range of sheet metal components for the automotive industry. Its product mix catering to cater to passenger and commercial vehicles can be broadly classified into three categories, Structural Panels and Skin Panels for the vehicle body (BIW), Modules and Aggregates including Chassis sub-assemblies (Under body)  and Oil Sumps and Fuel tanks.

Peers
Company Name CMP
SamvardhanaMotherson 162.25
Tube Investments 2570.30
Bosch 47815.00
UNO Minda 1191.40
Bombay Burmah Trdg. 1431.05
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