Maruti strike on, state brokers talks | autos | Hindustan Times
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Maruti strike on, state brokers talks

autos Updated: Oct 20, 2011 22:37 IST
HT Correspondent
HT Correspondent
Hindustan Times
Maruti Suzuki India

Marathon meetings between the management and striking workers of Maruti Suzuki India continued on Thursday raising hopes of an imminent solution even as the strike stretched into its 14th day. The talks are being brokered by the government of Haryana.

After 2 rounds of failed negotiations on Monday and Tuesday, talks started at 11 AM on Wednesday and carried on throughout the night on Wednesday. Though a solution could not be found, the intense negotiations indicated a consensus would be found soon.

"Talks have been on for the last three days but a solution to these things takes time," said RC Bhargava, chairman, Maruti Suzuki India. "I cannot say when, but only I can hope that the issues will be solved in the next 4-5 days."

Following the unrest, production has been hit at Maruti Suzuki, sending sales tumbling and allowing rivals to eat into its market share. Maruti's share of passenger vehicle market stood at 40% last month, sliding 8 percentage points since labour unrest began.

Maruti on Thursday produced around 2,000 cars in its factories in Gurgaon and Manesar operating partially in both these locations. Maruti produced 200 cars at Manesar and 1,797 cars at the bigger Gurgaon factories.

Workers have been on strike sporadically since June demanding recognition of a separate independent unon at Manesar and reinstatement of workers who have been dismissed by the company on disciplinary grounds in the last 3 months.

(With inputs from Reuters)