Renault-Nissan alliance plant signs long term settlement with employee union

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Renault Nissan Automotive India (RNAIPL) has formally signed a three year long term of settlement agreement with its employee representative union, Renault Nissan India Thozhilalar Sangam (RNITS). The agreement will be effective from 1 April, 2016 until 31 March, 2019.

With this agreement the plant technicians will receive a salary increase of INR 18,000 progressively over the next 3 years. The agreement includes several benefits and schemes for employees and their families.

The Chennai manufacturing facility is one of the largest plants in the Renault and Nissan Alliance and started operation in March 2010. The plant caters to both domestic and international markets and has reportedly developed into India’s second largest car exporter. In the beginning of this year, the factory reached the production milestone of one million cars and recently and started the third shift operations in response to increasing demand for its products as well.

The plant was established by the Alliance to meet the growing demand from Indian customers. It is complimented by a R&D centre, also in Chennai, which plays a role in model development in India ensuring products are locally relevant.

Speaking on the occasion, Colin MacDonald, CEO & Managing Director of Renault Nissan Automotive India (RNAIPL) said that employees are the driving force for the sustainable growth of Renault-Nissan. Therefore, the company places great importance on establishing a workplace that maximizes the performance of all. The wage agreement with the employee union goes a long way in building a sustainable and performing organization. They have carefully ensured that the employees and families receive best benefits and schemes.

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