Toyota Kirloskar Motor (TKM) on Tuesday confirmed that the TKM Employees Union has officially called off the ongoing labor strike at its factory in Bidadi, Karnataka.
This ends a four-month-old stand-off between the TKM management and the labor union.
The company said, “Although most of the total members of the 3,350 employees voluntarily resumed work earlier, the official strike that is now continuing has officially ended on Tuesday.”
TKM said it has already accepted an undertaking given by union leaders on behalf of its members through the Labor Department. The company has also made a final appeal to all other members to return to work by 5 March.
“This is to ensure synergy based on mutual trust for the future and respect the terms of their mutual understanding,” the company said. TKM stated that after TKM's long history in India, the company has been well recognized for its strong people-friendly culture and their commitment to development. “Going forward, we will continue to work towards strengthening this value system by promoting relationships based on cooperation, trust, discipline and mutual respect.”
TKM thanked the state government and the Department of Labor for playing an important role in facilitating cohesion between all sides.
A representative of the TKM Employees Union was not available for comment.