Lockout at Perambra plant of Apollo Tyres has been resolved

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Lockout at Perambra plant of Apollo Tyres has been resolved

This article was posted on Sep 2, 2008 and is filed under Press Releases

The lockout at the Perambra plant of Apollo Tyres in Kochi, Kerala, has been resolved and employees would resume work from the morning shift of September 3, 2008. The government played a key supportive role in resolving the deadlock.

Two key issues have been resolved. The Unions have agreed to increasing the master batch weight and curing cycle by discussing and implementing the changes, within this month. On the third issue of continuous production between shifts, the Labour Commissioner will undertake a study and submit a report by November 30, which is then expected to be implemented in December of this year.

Commenting on the resolution of the lockout, Mr Satish Sharma, Chief, India Operations, Apollo Tyres Ltd, said, “We are thankful to the Labour Minister and the Labour Commissioner, who played a very supportive role and helped us in resolving the issue. We look forward to working with the Unions to ensure further investments take place at our Perambra plant.”

Meanwhile, during the lockout period, by maximising on production in other plants, Apollo Tyres had ensured that there was no shortfall in supplies of cross ply tyres in the market.

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