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News >> Technology >>
CEO's murder sends a warning to industry
By siliconindia
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Thursday, 25 September 2008, 16:32 IST
Greater Noida: The murder of the Indian CEO of an Italian company Monday in this fast growing industrial township has sent shock waves among businesses with many saying such incidents will send negative signals to overseas companies wanting to operate in India. Moreover, "It is also an alarming signal for the companies within the country where the workers discontentment lingers to be the prime issue," says Union Labour Minister Oscar Fernandes.
While on one side there was the lack of prompt security measures, on the other side it was the simmering discontentment in the workers which catapulted the incident. Highlighting the main concern Fernandes suggested that the environment for the workers should be conducive and the management should refrain from pushing them hard to go beyond their capabilities. Moreover, the inability to put forward the discontentment faced by the employees due to the strict policies makes matter worse.
Commenting on the security issues Phool Singh, an assistant manager of the company said, "I made at least 50 calls to the police but there was no help.When I failed to contact the superintendent of police, rural, on his number, I called Bisrakh police station but got no positive response. Finally, I called 100, the police control room, but shockingly they also did not pay proper attention."
"The incident indicates law and order failure at a larger level," said a senior official of consumer electronic giant LG Electronics, requesting anonymity. "How can we talk about creating dedicated industrial townships with world class infrastructure without being able to ensure basic safety of human life?" says Aditya Ghildyal, President of the Association of Greater Noida Industries. "This is by no means a regular labour conflict but is truly criminal action," said Marcello Lamberto, chief executive of another Oerlikon Group company Oerlikon Segment Drive Systems located in the same area.
So, to avoid such occurrence in the future Union Labour Minister Oscar Fernandes says, "It is my appeal to the managements that the workers should be dealt with compassion." He also highlighted the fact that there is a decline in the number of organized workers from seven percent to six percent. And assures to deliver due importance to this industry problem once the other public sector issues are solved.