Operations at South Korean steelmaker Posco s plant in the Indian state of Maharashtra have been disrupted due to local protests over labour and other issues, police and sources told Reuters, hampering the supply chain for automakers. A local politician leading the protests said they have blocked employees and goods from entering the plant and will continue until Posco heeds to some of their requests which include giving employment preference to local workers, raising the wages of temporary employees and making them permanent. Supply of steel from Posco s Maharashtra plant has been seriously affected and production for carmakers is likely to come to a standstill if the issue is not resolved soon, the country s top auto industry body said in a March 10 letter addressed to the state s chief minister.
A man walks past a logo of POSCO at the company s headquarters in Seoul
NEW DELHI (Reuters) – Operations at South Korean steelmaker Posco’s plant in India’s western state of Maharashtra have been disrupted by protests over labour and other issues, police and sources told Reuters, hampering the supply chain for automakers.
A politician leading the protests said they blocked entry to the plant for employees and goods, and will continue until Posco heeds demands such as employment preference for locals, higher wages for temporary employees and steps to make them permanent.
Supply of steel from Posco’s Maharashtra plant has been hit and carmakers’ production “is likely to come to a standstill” if the issue is not resolved soon, India’s top auto industry body told the state’s chief minister in a March 10 letter.
Supply of steel from Posco's Maharashtra plant has been seriously affected and production for carmakers "is likely to come to a standstill" if the issue is not resolved soon,
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