A strike at India’s ports that further threatened the global supply chain was called off Tuesday after workers agreed to a new five-year contract.
The indefinite walkout by almost 20,000 workers across India’s biggest ports was scheduled for Wednesday.
Unions, which had first demanded a pay raise of around 10.6%, agreed to an increase of 8.5% over five years at negotiations in New Delhi, Reuters reported.
Negotiations had been ongoing since 2021. The previous pact expired in December of that year.
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