'Maruti to continue investment in Haryana'
Maruti Suzuki on Tuesday said it was committed to operations in Haryana and would not cut back any planned investment in the state, although the Manesar plant would function under security cover for the time being due to unprecedented violence there last month.chandigarh Updated: Aug 28, 2012 14:13 IST
Maruti Suzuki on Tuesday said it was committed to operations in Haryana and would not cut back any planned investment in the state, although the Manesar plant would function under security cover for the time being due to unprecedented violence there last month.
Addressing shareholders at the 31st annual general meeting, which started after observing a minute's silence in memory of slain general manager (HR) Awanish Kumar Dev, Maruti Suzuki India (MSI) chairman RC Bhargava said that security cover at Manesar plant would continue till its staff feels secure.
He said Manesar plant violence was pre-meditated. It was unprecedented, not only in the history of MSI, but also in the industrial relations history of India.
He said the visiting chairman of Suzuki Motor Corporation, MSI's Japanese parent, Osamu Suzuki met Haryana chief minister Bhupinder Singh Hooda and requested him to find the actual cause of the violence at Manesar, and Hooda had promised to do so.
Bhargava said: "Suzuki is supportive of Maruti and we will continue operations in Manesar, (there will be) no cut back in planned investments."
Talking about the ongoing heavy security at the Manesar facility that is being provided by the state police and MSI-appointed private guards, he said it would continue till its employees at the unit feel so.
On restoration of normal productions at the violence-hit plant, he said that MSI was hopeful of doing so in a short period of time as the process of increasing worker strength was on.
Before the incident, the total workers at the plant were around 3,300. Of these, 1,528 were permanent.
"We do hope to restore full production in a reasonably short period of time. 700 workers have reported so far, contract workers are being regularised. We will make additional recruitment to replace 500-odd permanent workers, who have been asked not to come back," Bhargava said.
MSI is investing Rs2,600 crore to set up a new diesel engine plant, expand capacities and R&D activities in Haryana by 2014. It is also putting in Rs 4,000 crore in Gujarat for a new car manufacturing plant.