On December 24, according to Taiwanese media reports:
Workers smashed the factory of Wistron in southern India, casting a shadow on India’s investment environment.
However, Taiwan Wanbang Shoes Co., Ltd. took action today to support it and announced the establishment of two new factories in Andhra Province in southeastern India, showing that Taiwanese businessmen’s advance in India has not been hindered.
The Wanbang Group, which produces sports shoes for the German company Adidas, today hosted the groundbreaking ceremony for two new factories in Andhra Province (Andhra Pradesh), hosted by Vice President Zhang Yousheng. A total of more than 500 people attended the meeting. Y.S. Jagan Mohan Reddy, Governor of Andhra Province, and Wang Beiping, Director of the Office in Chennai were invited to participate.
“Riot” at the Apple factory of a Taiwanese company in India!
Nearly 2,000 people gathered to vandalize it, causing a lot of work but little money and delayed wages.
According to Overseas Network on December 13, Taiwanese media reported that a “riot” occurred at the iPhone factory opened by Taiwanese technology company Wistron near Bangalore, India. On that day, more than 2,000 workers participated in the smashing incident. , among which the office facilities and furniture in the company were damaged to varying degrees, and the scene was in a mess.
A source told the Times of India that the salary remittance issue was the main cause of the “riots”. Employees were quite angry that the company did not pay promised wages on time.
The company initially promised to give engineering graduates a monthly salary of 21,000 rupees (approximately 1,863 yuan). Now the actual salary received is less than 1,400 yuan. This is for someone with professional knowledge. You can get so much, and the salary for ordinary positions is even pitiful, only about 700 yuan.
Despite this, the company still owed workers wages, which also triggered a large-scale workers’ uprising. Taiwanese company Wistron claimed that after an investigation by the local police, it was learned that the rioters were “idlers” outside the venue and not internal employees of the company.
The new shoe factory will employ 15,000 Indian employees
Wanbang Shoes invested and set up a factory in Andhra Province, India in 2006, covering an area of 314 acres (about 127 hectares) , and obtained the qualification of special economic zone and went into production in December of the same year; Wanbang only took 11 months from the signing of the contract to the start of production, setting a record for the shortest special economic zone in India.
According to Wanbang Shoe Industry’s plan, the two newly built factories will employ 15,000 Indian employees and produce 1.8 million pairs of shoes every month, which will have a great impact on India’s economy and employment.
Since Wistron’s factory near Bangalore in Karnataka Province was smashed by workers last week, it affected foreign investment confidence in India. However, Zhang Yousheng said in his speech that there will be no Affected by a single incident, Wanbang still adheres to the entrepreneurial spirit, culture and policies of Wanbang and continues to cultivate and develop in India.
When Rejagang delivered his speech, he first thanked Wanbang for investing locally at this time to create job opportunities for Andhra Province and solve people’s livelihood problems.
Wang Beiping said that services such as water, electricity, land and infrastructure, especially personnel visa facilitation and investment incentives, can be effectively provided and implemented, and whether a one-stop dedicated window can solve the problem of industry problems. Regarding the various problems faced by investments in India, we hope that relevant Indian units will not just “talk the talk” without taking actual actions. Otherwise, it will easily increase the negative perception of foreign investors and affect the willingness to invest in India.
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