New Delhi: Renault Nissan automotive India on Wednesday stated it has signed a wage settlement percentwith people at its Chennai plant beneath which their salaries might be hiked by using Rs 18,000 a month,spread over the subsequent three years.
The corporation has officially signed a three year settlement agreement with its worker consultantunion, Renault Nissan India Thozhilalar Sangam (RNITS), Renault Nissan automotive India Pvt Ltd (RNAIPL)stated in a announcement.
The settlement can be effective from April 1, 2016 until March 31, 2019, it delivered.
“With this agreement the plant technicians will get hold of a income growth of Rs 18,000 (in step withmonth) progressively over the following three years. The agreement consists of several blessings and schemes for employees and their families,” the assertion stated.
RNAIPL CEO & dealing with Director Colin MacDonald said: “The salary agreement with the worker unionis going a protracted way in constructing a sustainable and appearing business enterprise. we’ve gotcautiously ensured that the personnel and families acquire first-rate advantages and schemes.”
The Chennai plant is one in every of the largest within the Renault and Nissan Alliance. It startedoperation in March 2010. The alliance has invested Rs 6,100 crore till date and introduced 32 new Renault, Nissan and Datsun fashions and derivatives to its manufacturing line.
The plant caters to each home and global markets and has exported more than 6 lakh gadgets to 106international locations given that 2010.
It had crossed the production milestone of one million vehicles and currently, started out third shift operations in response to growing demand for its products, the organization stated.
RNAIPL said the producing plant and the organisation‘s R&D facility in Chennai have created more than40,000 direct and indirect jobs.
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tale first published on: June 15, 2016 14:33 (IST)
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