Kirloskar Oil Engines concludes 10th consecutive on-time wage agreement

Kirloskar Oil Engines has concluded its 10th consecutive on-time wage agreement with its union/team members. The agreement is signed between the management of Kirloskar Oil Engines and its team members every three years.

These agreements — which have been signed since 1995, each one a day before the expiry of the previous agreement — are a testimony to the harmonious human and industrial relationship the Company has with its union and team members.

The Company has never experienced any labour unrest in 64 years and has never lost a single ‘man day’ due to labour-related issues. The credit for the same goes to the management as well as the union, which is called Rashtriya Engineering Shramik Sangh.

Recalling the days when he himself joined the Company in the research and engineering department, Atul Kirloskar, executive chairman, Kirloskar Oil Engines said, “I vividly remember my interactions with our union leader, the late Shri Babuji Tiwari and I am glad that the DNA he introduced into the Company culture still continues today”.

Kirloskar also thanked the union “for their continuous support and harmonious relationship with the management”.

He admitted that the team members at Kirloskar Oil Engines, “have always been supportive pillars to help improve the quality of our products and productivity on the shop floor. We will, together, relentlessly endeavour to raise the bar in our journey towards excellence”.

The Company that manufactures diesel engines, farm mechanisation equipment, and power-generating sets, has a significant presence in international markets, with offices in the US, Dubai, South Africa, and Kenya and representatives in Indonesia, Vietnam and Nigeria. It also boasts of a strong distribution network throughout the Middle East and Africa.

At the time of signing the 10th agreement, the team were represented by Chandrakant Gore, president and Sanjeev Gaikwad, vice president, in the presence of the executive chairman and other senior members of the management.