Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
15881.10
-298.65 (-1.85%)
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Maruti Suzuki to start operations from August 21

Date: 17-08-2012

The country’s largest passenger carmaker, Maruti Suzuki, is likely resume production at its Manesar factory on August 21. The company declared a lock-out at its Manesar plant facility following the labor violence, which took place on July 18, 2012. 

The plant was closed for more than a month, costing the company tens of millions of dollars in lost output. The company has issued termination of services of 500 regular workers, who were allegedly involved in the July 18 violent incidents which led to the death of a senior MSI executive.

The company is planning to end the process of employing contract labor and start the process of direct hiring. The schedule of recruitment has been communicated to all the existing contract workers through the contract agencies and recruitment would start from September 2.