Financial Daily from THE HINDU group of publications
Tuesday, Apr 06, 2004
Industry & Economy
Trade & Labour Unions
Strike hits Kinfra park at Thumba
Thiruvananthapuram , April 5
THE sudden strike by trade unions demanding loading and unloading rights has hit the functioning of the Kinfra International Apparel Park at Thumba near here.
The strike launched on Saturday has brought the operations at 25 units in the park to a halt. The promoters of the units have claimed that the loss on that day alone amounted to over Rs 20 lakh.
The promoters, under the banner of Kinfra Industries Association, Thumba, told newspersons here that the units were facing closure due to the strike sponsored by trade unions outside the park.
The Government should immediately intervene in the matter and ensure smooth functioning of the units, they said.
If the Government was unable to find a solution to the problem, it should take the initiative for relocating the units elsewhere, they added.
The association pointed out that most of the units in the park were set up in the wake of the new industrial policy announced by the Government two years ago, while a few of them came up after the Global Investors Meet held in the beginning of last year.
The Government had held out the assurance that there would not be any labour problems in the park.
The units, which were established with a total investment of Rs 55 crore, are giving direct employment to 1,200 people and indirect employment to 625 others. The combined annual turnover of the units is estimated at Rs 30 crore.
The association noted that the employees were recruited on the basis of educational and technical qualifications. Even so, almost 80 per cent of the employees are from the surrounding areas of the park, it claimed.
The association appealed to the trade unions to keep themselves clear of the activities that wreck the industries and also called upon the Government to give protection for the smooth functioning of the units.
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