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Shree Cement has withdrawn the lockout at its Baloda Bazar cement plant in Raipur after reaching a settlement with workers, allowing operations to resume. The lockout had been imposed due to labour-related issues and resulted in a temporary halt in production at the facility. The company stated that the situation was resolved through discussions, with no damage reported to plant assets during the stoppage. The brief shutdown led to an estimated production loss of around 10,000 tonnes per day. The plant is an important part of Shree Cement's regional manufacturing network.
Shree Cement has withdrawn the lockout imposed at its Baloda Bazar cement plant in Raipur, Chhattisgarh, after arriving at a settlement with its workforce. The company informed stock exchanges that the decision followed discussions with workmen, which helped resolve the issues that had led to the stoppage of operations. Advertisement
The lockout had been announced earlier due to labour-related concerns, including a lack of cooperation from workers, according to the company. During this period, production activities at the Baloda Bazar unit remained suspended. Shree Cement stated that the lockout was formally lifted in the past week, and normal operations at the plant have since resumed.
The company estimated that the temporary closure resulted in a production loss of nearly 10,000 tonnes per day. However, it clarified that there was no damage or loss to property at the plant during the lockout period, indicating that the shutdown was orderly and controlled.
The Baloda Bazar facility includes a clinker grinding unit with a capacity of about 3.4 million tonnes per annum and plays a key role in serving cement demand in central and eastern India. Shree Cement has been steadily expanding its manufacturing footprint in recent years, with a focus on improving capacity utilisation and operational efficiency across its plants.
Labour settlements at large industrial units are closely tracked by the cement industry, as even short disruptions can affect supply chains and dispatch schedules. In this case, the company's quick resolution helped limit the operational impact to a brief period.
Source PTI
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