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In early 2019, Pfizer had determined to close down two of its Indian manufacturing vegetation — Irungattukottai (Chennai) and Aurangabad (Maharashtra)
Industrial Tribunal, Tamil Nadu has closed the dispute between pharma large Pfizer Healthcare India Private Limited and a bit of its workers, after the events reached a settlement settlement. The dispute pertains to closure of the corporate’s manufacturing plant in Irungattukottai and cessation of 270 workers.
In early 2019, Pfizer had determined to close down two of its Indian manufacturing vegetation — Irungattukottai (Chennai) and Aurangabad (Maharashtra) — owing to lack of economic viability. The manufacturing vegetation had come underneath Pfizer’s fold, after its acquisition of Hospira, a supplier of injectable medicine and infusion applied sciences in 2015.
Podhu Thozhilalar Sangam had raised a dispute earlier than the Deputy Commissioner of Labour Sriperumbudur with regard to cessation of employment of 270 workmen. The negotiations talks failed and the dispute was referred to the Industrial Tribunal, Tamil Nadu, in line with court docket paperwork.
After the submission of the failure report, each the events stated they’ve entered right into a settlement with regard to the stated dispute and the claims of the members of the Petitioner Union have additionally been settled, Industrial Tribunal famous.
As per the settlement reached on February 6, 2020, Pfizer paid members of the union about ₹4.67 crore. The Industrial Tribunal recorded the settlement and disposed of the case.
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