‘Will shift from Pune if strike not off in one week’

I cannot stake my sales in the second half too,says Bajaj.

Bajaj Auto chief Rajiv Bajaj today gave a weeks ultimatum to the top management and the union to resolve the 42-day-old strike at the Chakan plant,failing which he warned that the company will be forced to move the board to shift production to other plants.

Giving an ultimatum to workers to end the strike,the Bajaj Auto managing director and chief executive told reporters here that unless the issue is resolved within a week,we will be forced to move at least 50 per cent of production and production capacity to the Aurangabad and Pant Nagar plants.

I will be moving the board to seek their permission to move production out of Chakan if the strike is not resolved within a week.

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However,he ruled out the complete shuttering of the Chakan facility saying that the main R&D facility in based in the city.

Against the backdrop of the company having been pushed to the third slot in the July sales sweepstake by the new-comer Honda Motorcycles,Bajaj said: I cannot stake my sales in the second half too. So the company will be seeking board permission to move production capacity to our other plants.

Since June 25,Chakan plant workers are on strike demanding a steep wage hike or 500 shares each to employees through an Esop,besides unconditionally taking back of the sacked workers.

We have been patient all these while. But now we are ready to take a tough call,and we will take that next week, Bajaj said.

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The Chakan plant has an installed capacity of over 3,000 units a day and since the strike,the company has been gradually increasing the output,which stands at 2,000 now,he said.

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