Employers body calls for better industrial relations in Kerala
By James Paul | 15 May 2004
Kochi: Kerala should improve its industrial relations to attract investments, according to R K Somany, president, Employers' Federation of India and chairman of Hindustan Sanitary Ware and Industries Ltd. ''I'll think twice before setting up a unit in Kerala. The frequent hartals and bandhs are troubling the industries here,'' Somany said, while addressing a news conference in the city.
More companies have tried to incorporate 'Corporate Social Responsibility' In to their business strategy and this is clear evidence that companies are becoming more socially responsible, Somany said.
Later speaking at a seminar on Corporate Social Responsibility (CSR) organised by the Cochin Chamber of Commerce and Industry here, Somany said that such integration suggests that the companies benefit from new opportunities, improved performance and reduced hazards in making their operations viable and more sustainable.
''Companies have also realised the importance of CSR and in recent years the scope of social responsibility by corporates has widened,'' Somany said. N R Pai, president, Employers' Federation of Southern India and president, Cochin Chamber of Commerce and Industry, P C Cyriac, former secretary, industries, Tamil Nadu, V B Cherian, senior trade union leader and Sharad S Patil, secretary general, Employers' Federation of India, also highlighted thje loss to the state due to the industrial relation situation.
Presentations
were also made by Tata Tea Ltd, KSE Ltd and Kudumbasree
on social responsibility by corporates. The Kudumbasree
focussed on the Kerala experience by the Kudumbasree units.
Patil, another leading industrialist, said that the service
industry was
showing signs of taking its roots in the state. Commenting
on the election results, the industrialists felt that
the country's economic growth would not be affected by
whichever government comes into power at the centre.
