3 min read.Updated: 07 May 2014, 06:07 PM ISTLivemint
India can create quality jobs only under a minimalist labour regime
On different occasions over the past few weeks, the managements of companies such as Toyota, Mahindra and Mahindraand Bajajhave locked horns with their disgruntled workers. The growing labour problems in India’s auto industry could not have come at a more inopportune time for the sector. Faced with a slump in revenues, and declining profitability, India’s automobile manufacturers are struggling to address the demands of a young, impatient and insecure workforce.