Bosch Naganathapura Plant reaches settlement with Union |
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Written by James
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Saturday, 27 March 2010 |
Bangalore: Auto component maker, Bosch has announced that production level restored to full capacity, with the company reaching a settlement with the worker's Union at it's Naganathapura Plant.
The workers union at Bosch Naganathapura Plant has reached an amicable settlement with Bosch management yesterday and has assured 100% normalcy in production from March 26 th 2010. Earlier, the Bangalore Plant union had also settled their wage negotiations with the management.
In a joint statement to the press, the President of the Mico Karmikara Sangha – Naganathapura, Mr. S. Prasanna Kumar, and Mr. N Umesh, Vice President, said " the settlement was reached after a long, but fruitful negotiation and we have reached normalcy with effect from 26 th March."
This settlement will help the Auto Industry who had to face some disruption in production due to short time irregularities in the supply of critical components from Bosch plants. |