Even as the logjam at Maruti’s Manesar plant continues, another strike has commenced at solar panel and CD-maker Moser Baer’s Noida unit, where workers are demanding a revision in wages and bonuses.
“Unfortunately, a very small group of approximately 150 associates from the packaging section of one of our optical disc plants, out of around 10,000 associates, have come up with unreasonable demands,” Moser Baer India CEO (Blank Optical Media & Consumer Electronics) Bhaskar Sharma said.
However, he said work has not stalled and the company is in discussions with the protesters since there is no union representing the agitating employees. “We are currently in discussion with them and looking at their concerns. Our manufacturing plant is in operation,” Sharma said, adding that the management has always enjoyed a very cordial relationship and has maintained high engagement levels with all its associates.
Sources said the number of striking employees was as high as 1,000, but the same could not be verified. Meanwhile, none of the striking employees at Moser Baer could be contacted for their version of the events.
The company’s revenues for the year ended March 31, 2011, stood at Rs 2,682.93 crore, of which the storage media products business contributed Rs 1,633.10 crore.
The company claims to be the world’s second-largest manufacturer of optical media solutions, accounting for 16 per cent of development, manufacture and supply of optical media across the globe.
Moser Baer forayed into the burgeoning domestic optical storage market in India with the launch of its label in 2003. The company manufactures the entire spectrum of optical storage media products, including recordable compact discs (CD-R), rewritable compact discs (CD-RW), recordable digital versatile discs (DVD-R), rewritable digital versatile discs (DVD-RW) and blue laser discs (HD-DVD and Blu-ray) and has an annual production capacity of over three billion units.
Workers at Maruti Suzuki’s Manesar plant are on strike demanding the reinstatement of 1,200 casual workers. They are also demanding that 44 permanent workers, who were suspended after an agreement signed to end a 33-day stand-off on October 1, should be taken back.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
