STOCK MARKET BSE NSE

Maruti Manesar to resume partial production

Published: 15th August 2012 09:37 AM  |   Last Updated: 15th August 2012 09:37 AM   |  A+A-

Maruti Suzuki India could resume partial production at its Manesar plant on August 21.

The plant was shut on July 19 after an unruly mob of factory workers aided and abetted by anti social elements from outside ran rampage, killed a general manager and injured nearly 100 officials, apart from setting parts of the plant on fire.

According to sources, assessments have been carried out and partial resumption of the plant is likely from August 21. The company is losing `60-70 crore a day due to closure. Maruti Suzuki’s Manesar plant manufactures its best selling models including Swift, A Star and aSX4.

Last calendar year, the company lost as much as `2,500 crore because of the three crippling strikes that it suffered because of labour unrest.

Monday being a holiday it is likely that work will resume on Tuesday (August 21), the source added.

While the labour issue remains a factor, the initial work is mostly expected to be in the automated divisions of the plant, the source added.

The company spokesperson was not available for comments.

The source also said that the company will work along with the district administration on the security of the plant in future to avoid a repeat of the July 18 incident.

Stay up to date on all the latest Business news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp