Bosch declares ‘lock-out' at Naganathpura plant

Bosch Ltd has declared a ‘lock out' with effect from March 8, at its Naganathpura plant in Bangalore.

A company press release said the decision was taken considering the ‘safety of employees, machineries and installations, as a result of workmen associates of the plant resorting to physical intimidation of managers and officers of the plant during their ‘go slow' strike and subsequent tool down strike.'

Wage negotiations

The workmen associates of Naganathpura plant have been negotiating their long-term wage settlement with the company since the expiry of the last settlement on December 31, 2008.

The company management and the union representatives have had 14 sessions of negotiations on the issue since July 29, 2009 when the new charter of demands was submitted by the Mico Karmikara Sangha – Naganathpura, the recognised union of the plant.

The Naganathpura plant has lost revenues of about Rs 6 crore in February, the release said. Bosch's Naganathpura plant commenced operations in April 2003 and manufactures regulators used in alternators for LCVs.

Source Indiacar.com Source : Business Line (Online Edition) (3/10/2010)