Wondering how to effect closure of a manufacturing plant rendered unviable due to technological obsolescence and competition. Invite readers' opinions with case studies addressing the human side of the whole affair.
From India, Mumbai
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1From India, Mumbai
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Closure of Manufacturing Units: A Common Challenge
Whether the company itself is closing, or is it a question of the closure of only one manufacturing unit?
Every established and old company has faced such a problem during their existence, and each company devises its own way to overcome this situation if they wish to continue.
Unfortunately, you have not provided any detailed information about your unit. Any interested member would find it difficult to suggest anything substantial unless they have more information.
Warm regards.
From India, Delhi
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Whether the company itself is closing, or is it a question of the closure of only one manufacturing unit?
Every established and old company has faced such a problem during their existence, and each company devises its own way to overcome this situation if they wish to continue.
Unfortunately, you have not provided any detailed information about your unit. Any interested member would find it difficult to suggest anything substantial unless they have more information.
Warm regards.
From India, Delhi
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The closure depends on the number of workers engaged under the Industrial Dispute Act. For closure, there is closure compensation for workers, and permission from the concerning government is required.
Regards,
EA Murugan
[Phone Number Removed For Privacy Reasons]
From India, Bangalore
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Regards,
EA Murugan
[Phone Number Removed For Privacy Reasons]
From India, Bangalore
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Industrial Disputes Amendment Act 2010.doc
INDUSTRIAL DISPUTES ACT.pdf