Financial Daily from THE HINDU group of publications
Sunday, Jun 12, 2005
Financial Daily from THE HINDU group of publications Sunday, Jun 12, 2005 |
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Corporate
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Trade & Labour Unions Apollo Tyres plant resumes Our Bureau
AHMEDABAD: The Gujarat Government has declared a strike by a section of workers at the Apollo Tyres Ltd plant at Limda near Vadodara as illegal. Following the order, operations have resumed at the plant. "After the Gujarat Government order on June 7, the plant has started functioning and attendance has been rising. Nearly half the workforce reported for duty on Thursday and we expect normalcy to be restored by Monday," a company official said. Operations at the facility stopped on May 31 when one of the three trade unions forced workers out of the plant. The Limda plant produces nearly 14,000 radial and bias tyres per day and its contribution to the group's annual turnover is in excess of Rs 12,000 crore.
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