| | Jul 02, 2013, 02.27 PM IST Around 3,000 motorcycles are produced at Chakan on a normal day. On Monday around 1,400 units were produced and 450 people reported to work. Like this story, share it with millions of investors on M3 Chakan production close to 50% of normal on Mon: Bajaj Auto Around 3,000 motorcycles are produced at Chakan on a normal day. On Monday around 1,400 units were produced and 450 people reported to work. Like this story, share it with millions of investors on M3 Chakan production close to 50% of normal on Mon: Bajaj Auto Around 3,000 motorcycles are produced at Chakan on a normal day. On Monday around 1,400 units were produced and 450 people reported to work.
Bajaj Auto produces 3,000 motorcycles at Chakan on a normal day and yesterday 1,400 units were produced (400 out of that was at Aurangabad). Also 450 people reported to work at the plant, Bajaj told CNBC-TV18. Workers at the company's Chakan plant have gone on strike since last week. The union's demands include a hike in wages and an option for workmen to subscribe to 500 equity shares of the company at Rs 1 a share. The strike caused a production loss of 20,000 units in June, the company said. Also Read: Bajaj Auto June sales skid 14% to 2.96 lakh units Bajaj said that the situation was "changing for the better" but it would be difficult to say when full production would resume at Chakan. Meanwhile, Bajaj said that its export markets, excluding Egypt, were seeing a recovery in demand. However, domestic demand remains weak, he added. Also Read: Tata Motors, Ashok Leyland slip on sluggish sales growth Related News Tags: Bajaj Auto, Rajiv Bajaj, MD, sales, June, Chakan plant, Pune, strike, production, output, outlook, two-wheelers, motorcycles
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