L&T chairman is right about labour availability, but not about its exact reasons
Last week, Larsen & Toubro chairman S. N. Subrahmanyan blamed welfare schemes for unavailability of labour. There are other factors in play too.
18 February, 2025•6 min
0
18 February, 2025•6 min
0
Getting your Trinity Audio player ready...
More in Economy
Economy
Is battery-storage in India becoming a commodity?
The Adani Group’s plan to build a massive storage project in Gujarat signals a mature technology and a sector moving towards scale and consolidation.
You may also like
Business
Tata Motors risks losing EV dominance to Mahindra
The automaker that virtually created India’s electric car market is forced to offer record discounts, even as rivals surge and competition is set to get fiercer.
Business
Minus scooters, an empty gigafactory is squeezing Ola Electric dry
The company’s two-wheeler sales are evaporating. But its founder is reframing it as a necessary step to achieve profitability. All while trying to pivot towards becoming a company that sells lithium-ion cells instead of automobiles.
Chaos
India-US trade pact demonstrates how sovereignty is eroded in practice
The framework reads less like an agreement between partners and more like a probation order written by the stronger side.
