Apollo Tyres Suspends Production: Update
Following yesterday’s news of strike action at Apollo Tyres’ Vadodara the manufacturer has released more details of the circumstances surrounding the “illegal strike.” The industrial action is being conducted by only one of the three unions representing workers at the plant that employs roughly 3000 people an Apollo Tyres spokesperson told Tyres & Accessories. None of the manufacturer’s other factories are reported to be involved in the troubles.
In spite of the strike action, Apollo Tyres’ management remained resolute that it would not be coerced by strike tactics. According to an official statement the company “Remains obligated to developing a sustainable and a profitable business that creates value for all its stakeholders – customers, employees, partners and shareholders.”
According to this the official statement, production halted at 11:30 pm on 30 May, 2005. Apollo Tyre’s Vadodara plant produces 240 tonnes of tyres per day including truck, passenger, car, light commercial vehicle and agricultural products. Other industry sources describe the plant as Asia’s largest cross-ply factory with the capacity to produce 6000 tyres per day.
Indian news sources report that an expansion programme designed to increase production to over 10,000 tyres per day by end of the current financial year is underway at the Vadodara site.
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