After Honda Cars, Tata Motors, Toyota and Ashok Leyland, Honda Motorcycle & Scooter India (HMSI) is now offering a voluntary retirement scheme, (VRS) to employees at its Manesar plant.
HMSI has employed 4,000 people at its Manesar plant and at least 400 are likely to avail the voluntary retirement scheme this month.
They would be giving VRS to all those who are making an application for this and are completing 10 years or attaining the age of 40 years or above before January 31, 2021.
CNBC-TV18’s Parikshit Luthra shares more details.
Watch the video for more