Workers union at Bajaj Auto's Chakan plant call off strike

Workers union at Bajaj Auto's Chakan plant has decided to call off the strike and resume work from Wednesday this week.

The workers union has been on strike since June 25th on demands varying from issuance of 500 shares, wage revision etc. "Workers will be resume the work from tomorrow. We have taken the decision after considering the financial position of the workers who have been on  strike for almost 50 days, said a union member, VKKS.

"Management was not responding the way we had expected to our demands. Also we dont want the company to lose out on production during the peak upcoming festive season. We will though continue with our demands, he added.

Rajiv Bajaj, MD of Bajaj Auto last week had given an ultimatum of 1 week for to his team to resolve the issue. The deadline expired on Monday this week.