The management of Bosch Limited, India's largest auto component manufacturer and subsidiary of German engineering conglomerate Robert Bosch GmbH, has threatened a `lock-out' at its main component factory in Bangalore also, if the workers do not restore normalcy at the earliest.
The threat came as the company had to cut down production by 40 per cent, incurring a Rs120-crore loss since the beginning of the unrest.
Earlier on 8 March, Bosch declared a lock-out at its plant at Naganathapura, near Bangalore, with effect from 10:30 pm on Monday night, after striking employees turned violent and resorted to intimidation of officers and managers (See: Bosch declares lock-out at Naganathapura plant).
This led to 1,000 employees of the Naganathapura plant being locked-out over the past two days, while nearly 3,000 workers of Bosch's main component factory in Bangalore have resorted to a producction slowdown.
The company has 715 permanent and 70 temporary employees in Naganathapura and 2,400 and 700 temporary workers at the Bangalore plants.
At a press conference in Bangalore today, Soumitra Bhattacharya, senior vice president of Bosch Ltd, said that the company may consider a `lock-out' at its main component plant in the city if workers do not restore normalcy at the earliest.