Maruti plants to remain shut
The ongoing tussle between the management of Maruti Suzuki and its labourers got worse today, with the strike spreading to its suppliers of critical components, forcing the company to close down manufacturing operations. HT reports.india Updated: Sep 15, 2011 20:49 IST
The ongoing tussle between the management of Maruti Suzuki and its labourers got worse on Thursday, with the strike spreading to its suppliers of critical components, forcing the company to close down manufacturing operations on Friday.
Maruti Suzuki churns out 3,300 cars a day between its Gurgaon and Manesar plants. The production was already paralysed due to labourers' strike, which began on August 29.
The strike at the car maker's plant has now spread to its sister company Suzuki Power Train India Ltd, which supplies diesel engines and transmissions for some of the petrol engine models.
Disruption in supply of critical components led to the stoppage of production. "As a result, Maruti Suzuki's plants in Gurgaon and Manesar will not operate on Friday, September 16," a company statement said.
Saturday, September 17, is already a holiday on account of Vishwakarma Puja.
Meanwhile, the strike took a violent turn on Thursday with agitating workers, according to a Maruti spokesperson, attacking a bus carrying supervisors. Around 11 people were injured in the attack and three were hospitalised, the spokesperson said.
The 18-day strike has hit India's top car maker's production and share price. The company's share price, which hit a 52-week low of Rs 1,045 on the BSE on Wednesday, closed at Rs 1,083 on Thursday.
First Published: Sep 15, 2011 13:37 IST