Moser Baer workers go on strike demanding wage hike

Even as the logjam at Maruti’s Manesar plant continues, another strike has commenced at solar panel and CD-maker Moser Baer’s Noida unit, where workers are demanding a revision in wages and bonuses.

“Unfortunately, a very small group of approximately 150 associates from the packaging section of one of our optical disc plants, out of around 10,000 associates, have come up with unreasonable demands,” Bhaskar Sharma, Moser Baer India CEO (Blank Optical Media & Consumer Electronics) said. However, he said work has not stalled and the company is in discussions with the protesters since there is no union representing the agitating employees.

“We are currently in discussion with them and looking at their concerns. Our manufacturing plant is in operation,” Sharma said, adding that the management has always enjoyed a very cordial relationship and has maintained high engagement levels with all its associates. Sources said the number of striking employees was as high as 1,000, but the same could not be verified.

Meanwhile, none of the striking employees at Moser Baer could be contacted for their version of the events. The company’s revenues for the year ended March 31, 2011, stood at Rs 2,682.93 crore, of which the storage media products business contributed Rs 1,633.10 crore.

- Advertisement -
Loading form…

Industry's Buzz

XLR8 EMS Appoints Mark Isola as Supply Chain Director

0
Isola has a certification in Planning and Inventory Management (CPIM) XLR8 EMS has recently appointed Mark Isola as Director of Supply Chain. Isola brings more...
India-Mexico

India–Mexico Trade Negotiations Could Open New Markets For Indian Electronics Exports

0
India and Mexico formally launch preferential trade negotiations. India and Mexico have officially kicked off their preferential trade negotiations by signing the Terms of Reference...

TV and Mobile Makers to Slash Production Ahead of Festive Season

0
Following the decline of 25 per cent in sales on a year-on-year basis, TV and mobile production is likely to reduce by about 20...
Image for representation purpose

Samsung Registers Quarterly Profits Despite Sustainability Concerns

0
The world’s largest manufacturer of memory chips posted a July-September operating profit of $80.5 billion (107.4 trillion won), up by more than 780 per...
Senses Electronics

India’s Interactive QLED Display Push Gets a New Entrant

0
Senses Electronics expands into corporate display market through Redington portfolio. Senses Electronics has been included in Redington Limited’s technology portfolio for corporate display solutions. The...

Learn From Leaders

Pravin Patel, Founder and Chairman, Brio Agri, India

“Our goal is not to replace farmers, but to empower them with better tools,...

0
In an exclusive interaction with EFY's Saba Aafreen, Pravin Patel, Founder and Chairman of Brio Agri, discusses building hydroponics and controlled-environment agriculture in India,...

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

Startups

Dr Venkata Sai Kiran, Founder, Red Balloon Aerospace

How Near-Space Platforms Could Revolutionise Broadband Connectivity – Dr Venkata Sai Kiran, Red Balloon...

0
As nations explore high-altitude platforms for communication, surveillance, and scientific research, Red Balloon Aerospace is developing super-pressure balloons, tethered aerostats, and airships for near-space...
Manish Seth, Founder, Vimag Labs

Beyond Rare-Earth Magnets: How Vimag Labs Is Reimagining Electric Motors – Manish Seth, Vimag...

0
Can software replace rare earth magnets in electric motors? Manish Seth of Vimag Labs speaks to EFY’s Nitisha Dubey about Virtual Magnet Technology, which...
Pavan Kosaraju, Founder of AquaExchange

“Our AI Predicts Shrimp Disease Three To Four Days Before Visible Symptoms Appear.”- Pavan...

0
An agritech startup has built AI- and IoT-powered solutions that help shrimp farmers monitor ponds, detect diseases early, automate feeding, and reduce operational risks....
Pranay Rebala, Vice President of Product, BluJ Aerospace

“Rather Than Waiting For The Technology To Mature, We Are Ready For The Next...

0
Can battery-electric and hydrogen propulsion coexist in future VTOL aircraft? BluJ Aerospace sees complementary roles for both, with batteries powering shorter-range flights and hydrogen...

UST Selects 19 Startups for D3 Startup Challenge 2026 in Bengaluru

0
The programme is designed to identify technologies that address business challenges, assess their practical applications and determine their potential to scale UST, an AI and...