In view of a flash strike by the workmen at Bosch - one the largest suppliers of automotive components - Naganathapura plant, the management has decided to lock-out the plant with effect from 10.30 P.M. on Mar. 8, 2010.
The workmen resorted to a flash strike over wage revision and also assaulted an officer on duty. The immediate impact of the lock-out is on a Rs 30crore order from Maruti Suzuki, which the company has lost. Orders from M7M, Hyundai, Ford and Tata are also under threat.
According to sources, its Adugodi plant in the same city could also have the impact as workers are already 'going slow' over the work.
Bosch Ltd has five auto component manufacturing units in India. Other than the two in Bangalore, it has one each in Goa, Jaipur and Nagpur.
The company is a leading supplier of technology and services in the areas of automotive and industrial technology, consumer goods and building technology.
The various segments that the company operates include auto spares, special purpose machines, power tools, packaging machines, car audio systems manufactured and marketed under the brand name blaupunkt, fuel injection equipment, regulators for alternators.
