The union is worried that around 600 people at the plant may lose their jobs.
Bosch, the German auto components company is experiencing a face-off between the management and the workers. The employees’ union is protesting against the Company’s plans to realign the starter motors and generators divisions.
As per media reports, Mico Karmikara Sangha, the employees’ union of the auto components major will oppose the management’s proposed decision and may even go on a strike. The union is concerned for the 600 workers at the Naganathapura plant in Bengaluru, who may lose their jobs.
Bosch had earlier stated that it was scouting for a joint venture partner or a buyer for this particular division.
The workers’ union’s point of contention is that though it has helped the plant turn into a profitable venture, after two decades of loss, the management is taking the unilateral decision of selling it.
The Bosch management also agreed that the starter motors and generators division has successfully managed to transform itself over the past few years and is posting positive results.
The division is well positioned internationally, and has technically and commercially competitive products that are very well received by customers.