According to sources the indefinite strike called by thousands of employees of Hindustan Aeronautics Limited (HAL) is set to continue after the employees and the management of the public-sector undertaking was unable to resolve their stand-off over the revision of wages. Meanwhile in Bengaluru, where HAL is based, and in company units across the country, HAL employees blocked the gates of HAL facilities in the city in a protest against the management over revision of wages and other related demands.
Furthermore the All india HAL Trade Unions Coordination Committee is coordinating the protest and their tussle with the HAL management over the revision of wages of employees began in 2017 and has now reached a breaking point. Apparently the HAL management, in a statement, claimed that the demands of the employees were 'unsustainable'. Reportedly "The HAL management’s offer is reasonable, fair and in conformity with the wage agreements finalized by other Defense PSUs. Instead of appreciating this Unions have come up with the demands that are nonviable in the current and futuristic business scenario".
Moreover HAL recorded a turnover of Rs 19,400 crores and a profit of Rs 2,282 crore (after tax) and it was also the all time record turnover for the aerospace major. The company is also eyeing a future revenue stream in making Light Combat Helicopters (LCH) and Light Utility Helicopters (LUH).