The longer workers of Hindustan Aeronautics Limited (HAL) continue the strike, the greater will be the decline of our final offer to them, HAL chairman R Madhavan said.
Speaking on the sidelines of a conference organised by the independent think-tank Synergia Foundation, Madhavan explained that HAL can’t offer more concessions to striking workers.
“We hope that they will calm down and return to the discussion table. We can’t offer anything further because we have to see it from an economical standpoint and profitability,” he said.
“The longer the workers strike, the costs will get factored into the wage revision. We are a commercial organisation and if a long strike will cause me to lose money, what we have offered also will start coming down,” he added.