Business Essentials for Professionals


Ford’s Indian Workers Protest Against Firm’s Closure Of Indian Factories

Ford’s Indian Workers Protest Against Firm’s Closure Of Indian Factories
On Tuesday, hundreds of workers from a Ford Motor Co. factory in Gujarat state in the West of India sat on the protest at the plant, demanding that the factory's closing plan be abandoned and that workers are given other jobs.
Clad in blue uniforms, the workers protested outside Ford's Gujarat plant that makes engines as well as cars. They said that the planned closure of the plant would result in their loss of livelihoods.
"I am told suddenly that I don't have a job after seven years of working here. What's my future? Anil Singh Jhala was one of the workers.
He stated that "our demand to the company and government is that this plant not be closed." "If the plant is to be closed, our request to government is that we get priority for jobs at the same wage in any other plant."
Despite being optimistic about emerging markets like India, foreign automakers have been slowing down in India due to stagnating sales. Ford, which established its first Indian factory in rhe late 1990s, announced earlier this month that it would stop producing cars in the country while taking a total of $2 billion hit. The United States based car maker said that it did not see itself being able to make profits in the country in the near term.
Ford India spokesperson stated that the plant employs approximately 1,200 people.
He said: "We will work with the unions to balance the impact and care for the people directly affected by restructuring." "We have already begun discussions with the union, and have nothing to add."
Indian Prime Minister Narendra Modi, who was elected to power in 2014 with the promise of creating job opportunities, is facing a significant challenge because of a string of factories closings and foreign auto companies exiting from the Indian market.
Jaisukh Kandolia, a Ford employee since 2016, said that "we are in shock since it was announced."
"We have been told the plant will close by December 31," he said. "We do not know what we are going to do in the future."

Christopher J. Mitchell

Markets | Companies | M&A | Innovation | People | Management | Lifestyle | World | Misc