On 10th April 2025 Siemens Workers’ Union signed the Wage Settlement of Nashik with the company.
The previous settlement was going to end on 31st December 2024, Union raised charter of demand in August 2023 and the negotiations started from March 2024.
Main Challenges of this settlement were cost competitiveness, long term plans and cost reduction over the period. On many events, the settlement was on the verge of breaking up. But Union and the Management were keen to settle the demands of each other by mutually rather going to the authority.
Mr. Praveen Deshmukh Vice President-P&O, said that the new recruitment scheme agreed by SWU as well as the Introduction of Siemens Skill Development Center in Nashik are the main highlights of this settlement. This settlement has given the management the challenge to bring new products in Nashik and helped in making Nashik sustainable.
Mr. Manoj Bodke, President SWU paid homage to our ex-president Com. Uday Mahale on this occasion and thanks for the path paved by him which guided us through this process. He also mentioned that All is well that ends well and now that we have come to an agreement, we should work hard to make our company sustainable and also profitable.
Mr. Deepak Kulkarni was quite emotional during the full process of negotiations. He was satisfied with the outcome of the negotiations and was confident that Nashik factory will grow and now that he is going to retire in coming years. whenever he will pass through the road where the factory is situated, he will feel proud on the newly recruited workmen that will remind him of his contribution that led to the growth of the factory where he worked for so long.
Mr. Girish Ashtekar, General Secretary SWU, said that though the settlement was delayed for a very long period the negotiations were fruitful. He said that he had mentioned it many times to the management about utilizing the space and skills of Nashik and it needed to grow. This settlement has definitely given management the confidence to sustain and grow phenomenally. The increased numbers of workmen is receipt of future growth of the factory and the workmen.
The workmen in Nashik showed their happiness as they always do with crackers and a small felicitation ceremony.
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