Arab Today, arab today india\s riothit maruti plans late august plant reopening
Last Updated : GMT 04:33:33
Arab Today, arab today
Arab Today, arab today

India\'s riot-hit Maruti plans late August plant reopening

Arab Today, arab today

Arab Today, arab today India\'s riot-hit Maruti plans late August plant reopening

New Delhi - AFP

India\'s top carmaker Maruti Suzuki may resume production in late August at a factory closed last month after a deadly riot by workers, a company executive said yesterday. The company\'s board is likely to meet on Monday to consider a reopening date for the plant where a manager was killed and 96 other supervisors were injured in the unrest, the senior executive added. Late August may be \"a realistic target\" for relaunching operations at the Manesar factory just south of New Delhi which has been shut since the violence on July 18, the executive told AFP. \"Some reports from the police and special investigations are likely to come to Maruti on Monday and some decisions are likely to come afterward,\" the executive, who did not wish to be named, added. He could not say when an announcement might be made but noted repairs are already under way at the plant where mainly the office areas were damaged, not the factory facilities. Maruti is majority-owned by Japan\'s Suzuki Motor which receives more than a quarter of its revenues from India. The Indian unit, the country\'s largest carmaker by sales, is losing some $9 million a day from the plant shutdown, analysts calculate. The board will review security at the plant, which produces some of Maruti\'s best-selling cars such as the Swift hatchback, as well as its physical state, the executive told AFP. Maruti locked out its 3,000 workers at the plant which produces 550,000 cars a year, or 40 percent of the company\'s output, three days after the riot. The plant has experienced several industrial disputes but none as violent as the July riot which shocked corporate India. Workers chased managers with iron rods and car parts, smashing limbs and torching areas of the plant after a row between an employee and a supervisor, according to witnesses. A personnel manager, whose legs were broken, was unable to flee and burned to death in an office area. Joint Police Commissioner Anil Kumar said the Haryana state government had decided up to 600 police personnel currently guarding the plant would remain there for an indefinite period when it reopens. Haryana, where Manesar is located, is a hub for car production and the state government is worried the unrest could scare away investors. Maruti Chief Executive Shinzo Nakanishi has said the plant will stay shut until the managers\' safety can be guaranteed and some executives have voiced fears about returning. Managers who were injured \"are receiving psychological and physical treatment,\" said the Maruti executive yesterday. \"The healing process is going on.\" The plant is only expected to resume partial operations at first, using its most automated assembly lines, and then scale up operations. Staffing could be difficult with many workers having fled as they fear arrest. Police say 114 workers including at least 10 union leaders are already under arrest. Maruti last month reported a 23-percent plunge in first-quarter net profit to Rs. 4.24 billion ($76.6 million), hit by a falling Indian currency. Analysts say the plant shutdown could shave 15-20 percent off full-year profit.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today india\s riothit maruti plans late august plant reopening Arab Today, arab today india\s riothit maruti plans late august plant reopening

 



Arab Today, arab today
Arab Today, arab today Nasima Gamei revives Algerian heritage in jewelries

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives Algerian heritage in jewelries
Arab Today, arab today Saudis await visitors but will they come?

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Blind sheikh buried in Egypt

GMT 06:32 2017 Thursday ,23 February

Blind sheikh buried in Egypt
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 16:32 2017 Wednesday ,22 February

US Treasury chief tells IMF to monitor currencies

GMT 16:08 2017 Wednesday ,22 February

Qatari banks merger to rebalance financial sector

GMT 05:57 2017 Wednesday ,22 February

Britain risks clash with EU over RBS bailout

GMT 05:26 2017 Wednesday ,22 February

Singapore carbon tax would hit refiners, help renewables

GMT 05:18 2017 Wednesday ,22 February

Chinese PM: US should avoid ‘trade war,’

GMT 20:59 2017 Tuesday ,21 February

Economy good, but homes in German cities overpriced

GMT 05:29 2017 Tuesday ,21 February

Sovereign funds pulled $38bn from markets in 2016
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Salma Rashid happy for 'A Whisper of Love'

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday