Asia Bizz: Indian auto giant Maruti Suzuki now hopes to see a revival in its plants after receiving a severe set back due to the labor strike at the Manesar plant The car manufacturer now expects it to run on full capacity by the month of January 2012.
On December 1, 2011, Chairman RC Bhargava said that by the month of January 2012, the plant is expected to start producing 800 cars per day. The Manesar plant in the state of Haryana faced strike from laborers in the past few months.
Due to the strike, the company had to face a loss of about 83,000 cars or almost $500 million loss in output. In the last week of November, it was reported that a drop of 18. 5 percent was noticed in the sales of Maruti.
The head of marketing and sales, Mayank Pareek said that the market conditions continue to be sluggish. The workers of the Manesar plant stopped work as they demanded that the company should recognize a new union formed by those who were working at the Manesar Plant. A new Union named the ‘Maruti Suzuki Kamgar Union ‘that was mainly dominated by the Gurgaon plant has reportedly asked for recognition from the management, but the officials refused to recognize the new union.