Kirloskar Oil Engines Limited (KOEL), a key player in the Kirloskar Group, proudly announces the early completion of its 11th wage settlement, setting a new industry standard. This accomplishment highlights KOEL’s ongoing commitment to employee welfare, fostering industrial peace, and promoting long-term, sustainable growth. The settlement reflects the company’s dedication to creating a productive and engaged work environment that supports future success.
Since 2011, KOEL’s wage settlements have earned a place in the Limca Book of Records, emphasizing the company’s consistent ability to meet deadlines and approach wage agreements progressively. This achievement showcases the strong collaboration between KOEL’s management and employees, ensuring the settlement benefits both sides while reinforcing their strong relationship.
The wage settlement ceremony was attended by senior management, including Chairman Atul Kirloskar, Managing Director Gauri Kirloskar, CEO Rahul Sahai, CHRO George Verghese, CFO Sachin Kejriwal, COO Makarand Joshi, B2B CHRO Amarjeet Singh, Manufacturing HR Head Virendra Gaikwad, and Factory Manager Milind Bote.
Union leaders included President Sanjeev Gaikwad, Vice President Rajendra Yede, Secretary Ulhas Khutwad, and Treasurer Vikas Kore. This cooperative effort reflects the mutual respect and shared values between management and the workforce.
The successful early completion of this wage settlement strengthens KOEL’s commitment to fostering a progressive, employee-focused culture while driving growth, innovation, and operational excellence. The company’s approach ensures industrial harmony and supports its mission to deliver sustainable and efficient solutions across various industries.
Kirloskar Oil Engines Limited (KOEL) is a prominent manufacturer of engines, generators, and agricultural equipment, playing a pivotal role in the power generation, industrial, agricultural, and marine industries. As a flagship company of the Kirloskar Group, KOEL is renowned for its tradition of innovation, advanced technology, and a strong focus on customer satisfaction. With a global footprint, KOEL remains committed to providing sustainable and efficient solutions that shape the future of energy and industrial applications.
