Maruti strike – ASSOCHAM reaction

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MUMBAI: Leading industry body ASSOCHAM said good worker-management relations are crucial for industrial progress and attracting fresh investments to create new jobs.

Workers should realise that managements need disciplined workforce and efficient systems for timely deliveries amid growing competition, said The Associated Chambers of Commerce and Industry of India (ASSOCHAM). In today’s business environment, the industry has to produce good quality, world-class products which require huge capital investments.

“Haryana has the distinction of ranking among top foreign investment destinations in India. The state is also planning many infrastructure initiatives under the proposed Rs four lakh crore Delhi Mumbai Industrial Corridor project,” said its secretary general D.S. Rawat.

“Therefore, the state’s image of being investor friendly should not be dented,” he added.

Haryana’s economy has been growing at an annual compounded rate of nine per cent in the past ten years against the national average of 8.7 per cent. It had live investments worth Rs 4.27 lakh crore last year compared to Rs 3.55 lakh crore in 2009 of which 79.6 per cent were at implementation stage, said Mr Rawat.

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