Chennai, June 13
The Renault Nissan Automotive India Private Ltd and its workers union have created a history by going in for an arbitration to settle wage revision and other aspects, said a union official.
This is the first time an industrial dispute in a multinational company will be decided by arbitration under the Section 10A of the Industrial Disputes Act 1947 in this part of the country, an union official told IANS.
Renault Nissan Automotive India Private Ltd is the car production joint venture between French company Renault and Japan's Nissan Motor Company.
The arbitrator is retired Madras High Court Judge P. Jyothimani and the fee will be Rs 150,000 per sitting to be paid by the company.
The arbitrator will decide on the 53 demands raised both by RNITS (38 demands) and Renault Nissan Automotive management (15 demands).
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