Active Stocks
Tue Apr 16 2024 15:59:30
  1. Tata Steel share price
  2. 160.05 -0.53%
  1. Infosys share price
  2. 1,414.75 -3.65%
  1. NTPC share price
  2. 359.40 -0.54%
  1. State Bank Of India share price
  2. 751.90 -0.65%
  1. HDFC Bank share price
  2. 1,509.40 0.97%
Business News/ Companies / Strike at Maruti’s Manesar plant enters seventh day
BackBack

Strike at Maruti’s Manesar plant enters seventh day

Strike at Maruti’s Manesar plant enters seventh day

Premium

New Delhi: The country’s largest car-maker Maruti Suzuki India Friday said production at its Manesar facility continues to be completely stopped as the workers’ strike at the plant entered its 7th day.

“The situation is the same as Thursday," a company spokesperson told PTI.

Around 2,000 workers at the plant have been on strike since Saturday, resulting in a production loss of about 5,400 units till yesterday. The value of the loss is estimated to be around 270 crore.

The strike at the plant is now threatening to spread to the Gurgaon-Manesar belt, with a panel of workers of various firms in the region warning of a similar stir if the demands of their agitating colleagues at India’s largest car-maker are not met.

The Manesar plant rolls out about 1,200 units every day in two shifts.

The factory produces hatchbacks Swift and A-Star and sedans DZiRE and SX4.

The company’s scrip was trading at 1,198.80 in the morning on the Bombay Stock Exchange, down 1.52%.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 10 Jun 2011, 10:54 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App