Sunday, August 16, 2009

Indian companies adopts cost reduction measures in economic slow down

With fall demand and high cost most of the Indian companies have vigorously adopted cost reduction strategies to save costs .

Aditya Birlas BPO operations in Canada has been reduced and BPO centres are being relocated to India . Aditya Birlas Copper mine in Australia are being closed for maintenance and repair

Tatas -Tata s have laid off number employees from Ford JLR s plant and design units and is now planning to get components from countries like India , China

Essar - Laid off workers from its Canadian mills

JSWS -- Jindals US units are to revived with lower fuel consumption and sourcing raw materials from low cost manufacturing countries


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