| Samsung India resolves wage dispute |
| Samsung India has successfully concluded a wage revision and welfare agreement with employees at its Chennai plant, affiliated with the CITU union, ending a year-long dispute. The agreement, reached after 31 rounds of negotiations, includes a cumulative wage increase of Rs 18,000 over three years, with Rs 9,000 in 2025-26 and Rs 4,500 in both FY27 and FY28. Additionally, it covers various welfare activities such as food, insurance, and transportation. While the agreement does not address the suspension of certain employees, Samsung is conducting an internal investigation. Industries minister T R B Raaja expressed satisfaction, commenting: "Happy to announce that after sustained dialogue... all differences... have been settled amicably." |
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