Arkonam tyre plant witnesses lockout by MRF

Arkonam tyre plant witnesses lockout by MRF After labour unrest in MRF Ltd, the company on Monday announced lockout at its Arkonam plant in Tamil Nadu.

In a filing to the Bombay Stock Exchange, the company confirmed that the management has declared lockout at the company's manufacturing plant situated at Arkonam in Tamil Nadu with effect from 3 pm, on May 17 on account of labour unrest in the factory.  

Since 9th May, nearly 3,000 employees of MRF in Arkonam and Puducherry were on a 'sit-in' strike within the premises of the respective facilities.  

The strike was declared by the workers since they felt angry as the company management denied recognition to it and 150 labourers have also been dismissed by the management so far.

Nearly 10,500 radial tyres a day are produced by the Arkonam plant. On the other hand, MRF's Puducherry unit makes 26,000 units of tyres and 42,000 tubes a day.