India’s largest car maker Maruti Suzuki India on Friday signed a revised wage agreement with the workers’ unions of its three plants. The new agreement will provide an average benefit of Rs 16,800 to workers of the company over a period of three years.
The agreement has been signed between the company and Maruti Udyog Workers Union, Maruti Suzuki Workers Union and Maruti Suzuki Powertrain Employees Union, Kuldeep Janghu, general secretary of the powerful Maruti Udyog Workers Union said.
The agreement has been signed for a period of three years from April 1, 2015 to March 31, 2018. The pay arrears will be paid to the workers along with the salary for the month of September. As part of the agreement, the workers not using the company’s bus services will be provided with an allowance of Rs 2000 per month for a period of seven years to purchase a Maruti Suzuki car.