Mumbai, May 15 (IANS) Auto major Mahindra and Mahindra Friday said it has signed a wage agreement with workers at its plant near Maharashtra's Nashik town after they went on a strike demanding pay revision and reinstatement of a sacked labour leader.
The pact, which is valid for three and a half years, was signed by the Bhartiya Kamgar Sena Union that represents Mahindra's workers at its Igatpuri plant near Nashik, the company said in a regulatory statement.
Earlier in the month, the labour union had decided to move the Mumbai High Court following an order from the Nashik Labour Court to withdraw its strike, which it termed as 'illegal'.
Workers at the Igatpuri plant had gone on an indefinite tools-down strike from May 4 in protest against the suspension labour leader Madhav Dhatrak and the company's alleged delay in signing the salary agreement for the past 22 months.
Mahindra manufactures utility vehicles Xylo, Scorpio and Bolero at the Igatpuri plant, apart from the sedan Logan in joint venture with the French car maker Renault.
The plant has 4,450 employees, of whom 2,750 are permanent, 1,200 are temporary and 500 are apprentices.
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