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KOCHI
GCDA Chairman Okay. Chandran Pillai has urged HMT Chairman and Managing Director A.Okay. Jain to reinforce the workforce at its Kalamassery unit by recruiting a minimum of 100 new workers.
Purposeful autonomy and strengthening the workforce would higher the efficiency of HMT Machine Instruments, Kalamassery, and likewise create extra employment alternatives, he instructed the Chairman in Kochi. Mr. Pillai stated that HMT Kalamassery continued its file of constructing revenue even within the final fiscal, with a working revenue of ₹9.5 crore. If the curiosity legal responsibility on the price of 15.5% being charged by the Centre since 2006 on a mortgage granted for a compulsorily launched retirement scheme was executed away with, the unit’s precise revenue would rise to ₹7 crore, he stated.
The Kalamassery unit, which as soon as had 3,500 workers, now had simply 135 common workers and 250 staff on contract. With a minimum of 500 everlasting workers, the unit would be capable of make merchandise value over ₹200 crore yearly, he stated.
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