Hyundai Motor Inks 3-Year Wage Pact With Employees’ Union

Hyundai Motor India Ltd. said it has signed a wage settlement agreement with the United Union of Hyundai Employees for 2024–2027. Under the deal, employees will get a monthly salary hike of ₹31,000, structured over three years in the ratio of 55%, 25%, and 20%.

The union, which represents 1,981 employees as of August 31, mainly consists of technicians and workmen.