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Strike Adds To Problems At Indian Auto Plant - Foreign Affairs - Nairaland

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Strike Adds To Problems At Indian Auto Plant by ektbear: 9:12am On Oct 13, 2011
Strike Adds to Problems at Indian Auto Plant
By VIKAS BAJAJ and SRUTHI GOTTIPATI
MUMBAI, India — A strike at the biggest Indian car company, Maruti Suzuki, idled one of its four major production plants for the fifth consecutive day on Tuesday. The dispute pits the aspirations of manufacturing workers against the economic realities of a national labor glut.

The strike is the latest in a series of labor relations problems at the four-year-old plant in Manesar, about 30 miles south of New Delhi, that are crimping sales for the automaker. The company, which makes about half the cars sold in India, is majority-owned by Suzuki of Japan.

Maruti Suzuki has said that its sales fell 20.8 percent in September from a year earlier, to 85,565 cars, largely because of earlier problems at the Manesar plant. The factory, where workers began the current strike Friday, has the capacity to produce 1,200 cars a day, including popular models like the Swift, A-Star and SX4.

Shares of Maruti Suzuki were little changed in Mumbai on Tuesday, but the stock is down more than 24 percent this year.


Read the rest here:
http://www.nytimes.com/2011/10/12/business/global/strike-adds-to-problems-at-indian-auto-factory.html?_r=1&hp=&pagewanted=all
Re: Strike Adds To Problems At Indian Auto Plant by ektbear: 9:13am On Oct 13, 2011
Whenever I read articles like this, I can only think of the opportunities that Nigeria is missing sad

Imagine if we had good electricity supply and more business-friendly labor laws?

Couldn't we steal away this factory from India? Couldn't Nigeria be the location businesses want to open up their industries?

Alas. . .

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