Maruti lock-out highlights India’s labor unease
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NEW DELHI — India’s top automaker Maruti Suzuki, already grappling with sliding sales, is in a test of nerves with its factory workers after production was hit by a dispute over alleged sabotage.
Output at the Japanese-controlled firm’s Manesar plant in northern India has been thrown out of gear for three weeks after Maruti accused disaffected workers of deliberately damaging cars on the assembly line.
The subsequent lock-out has rapidly come to be viewed as a test case for India’s car industry and wider foreign investment in the country’s fast-growing economy as Maruti bosses say they are determined to face down the workers.
“Global investors are watching this very closely,” Jagannadham Thunuguntla, head of research at Delhi-based share traders SMC Global Securities, told AFP. “India’s low-cost manufacturing growth story is built upon labor stability.”.... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/commentary/20110920com3.html
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