Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Samsung-union talks come to end, workers to get ₹18K wage revision
The New Indian Express
|May 20, 2025
Workers will first receive a hike of ₹9,000 this year, followed by ₹4,500 each in the next 2 years
-
THE talks between Samsung India and members of the CITU-backed Samsung India Workers' Union (SIWU) finally ended on Monday, after both parties agreed to a wage revision of ₹18,000 over a period of three years in direct salaries and an additional ₹4,000 in experience-based incentives for workers at the Samsung India manufacturing unit at Sriperumbudur.
The talks were held in the presence of Labour Minister C V Ganesan at the secretariat on Monday. Following the talks, the minister told reporters that workers will receive a wage hike of ₹9,000 in 2025-26, followed by a hike of ₹4,500 each in 2026-27 and in 2027-28.
The two parties have also agreed upon a one-time special promotion to workers who have completed six years of continuous service as on March 31 this year and have not received promotions so far.
This story is from the May 20, 2025 edition of The New Indian Express.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express
The New Indian Express
Asia Cup row: BCCI corners Naqvi
THE Asia Cup trophy issue spilled over to the Asian Cricket Council's annual general meeting on Tuesday.
1 min
October 01, 2025
The New Indian Express
7.42 cr in final list of Bihar voters, 47L out
THE Election Commission of India on Tuesday released the final voters' list for poll-bound Bihar, dropping 47 lakh names that were on the rolls before their Special Intensive Revision began.
1 min
October 01, 2025
The New Indian Express
'We treated Kantara: Chapter 1 as a new film"
Rukmini Vasanth reflects on her craft, folklore- rooted cinema, Rishab Shetty, and becoming Kantara's queen
2 mins
October 01, 2025
The New Indian Express
2nd outfit in Ladakh says 'no' to talks
THE Kargil Democratic Alliance (KDA) has announced it will not participate in talks with the Union government until activist Sonam Wangchuk and other activists are released, and a time-bound judicial inquiry is initiated into the deaths of four people during recent violence in Ladakh.
1 min
October 01, 2025
The New Indian Express
A cup of brew for healthier liver
FEW beverages have sparked as much debate and admiration as coffee.
3 mins
October 01, 2025
The New Indian Express
Top Naxal leaders key targets as ops intensify
THE ongoing anti-Maoist operation after the monsoons has been intensified with a renewed warning to the top Maoist leaders asking them to give up arms and surrender or else be prepared to get eliminated.
1 min
October 01, 2025
The New Indian Express
India, US conduct naval exercise in Arabian sea amid tariff tussle
Navy says exercise underscores endeavours to strengthen maritime ties between 2 nations
1 mins
October 01, 2025
The New Indian Express
Flood-affected farmers in K'taka to get additional aid
Floodaffected farmersin MET executives to visit injured workers K’taka to get additional aid
1 min
October 01, 2025
The New Indian Express
Modi backs Trump's Gaza peace proposal
PM says the 20-point plan offers a pathway to lasting stability for the war-ravaged region
1 mins
October 01, 2025
The New Indian Express
TN govt files review petition in apex court against mandatory TET order
Rule will affect 3 lakh teachers with over 5 yrs of service left and 67K nearing retirement: Anbil
2 mins
October 01, 2025
Listen
Translate
Change font size