Business Standard

Modern Times redux

When trust is broken and management is dehumanised, there are no winners in the end

labourers, migrant labourers, labour law
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Indrajit Gupta
A week ago, news reports trickled in about Wistron shutting down its iPhone assembly production in India and shifting its other manufacturing operations to countries like Vietnam and Mexico. There may have been profitability pressures at stake — and an inability to compete with the larger Apple suppliers Foxconn and Pegatron. The Tata group is now stepping into the void by buying out the entire Wistron plant on the outskirts of Bengaluru.

It remains to be seen whether the Tata group is able to run the unit profitably and in a sustainable manner. Beyond the usual business imperatives, there is also
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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