India Food Strike, Fatal Riots Hobble Push to Export Car-Parts »
Posted By STONERS 1 month, 1 week ago in NewsThe strike Kumar led at Rico Auto Industries Ltd., coming after managers were beaten to death in labor disputes at two other partmakers, may derail an Indian government goal to boost components exports about sevenfold to $25 billion by 2015. One global automaker already is reviewing plans to source as much as $3 billion in parts from India and may instead buy half from China, said Vikas Sehgal, a Chicago-based partner at Booz & Co. He declined to name the company, which is his client.
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Amazing11 month, 1 week ago
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I would have liked to know more about the strikes. What are the employees demanding and what have they been offered. Why are they so angry? The big boys can worry about their supply chains and how it affects business. Then they mention the effect here in the states and Canada. But what about the people on the ground in India. Two managers killed by angry mobs? There's a whole lot more to this story.
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getreal11 month ago
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Most of our car makers use to have Americans make the cars and the materials. Our country use to be known for treating their employees good with decent wages. Perhaps This is their way of saying that they will not abide slave labor. Which is what we fight here in America.
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