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Dr Reddy’s says strike at unit continues

Dr Reddy’s says strike at unit continues
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First Published: Wed, Nov 16 2011. 08 52 AM IST

Updated: Wed, Nov 16 2011. 08 52 AM IST
Mumbai: Dr Reddy’s Laboratories said late on Tuesday contract workers at its manufacturing unit in Andhra Pradesh have disregarded a wage agreement finalized on 8 November and have continued their strike.
The workers were on strike from 12 August at the unit and the matter was under conciliation with the state labour department, the company said in a statement.
The labour contractor, the workers and the company on 8 November agreed to raise the daily wages to Rs260 from present Rs213 for the next two years, it said.
The three parties had also agreed that the workers and the contractor would not indulge in any methods of agitation or strike during the next two years.
“As an employer, Dr Reddy’s respects the terms of the agreement and is fully committed to implementing it,” is said.
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First Published: Wed, Nov 16 2011. 08 52 AM IST