After two days of relentless rainfall and navigating through knee-deep water, the residents of Chennai finally saw clear skies on Thursday, as floodwaters began to recede from the streets.
About 50 kilometers away from the city, the Samsung Electronics unit in Sriperumbudur, where the future of production was clouded by a 37-day employee strike, finally brightened as workers returned to work under clear skies.
For an outsider, the plant spread over around 80 acres of land appeared calm after its production was affected by the strike that began on September 9. The importance of the unit is such that it contributes around 20-30 per cent to Samsung's $12 billion annual revenue in India by manufacturing televisions, colour monitors, refrigerators, and washing machines. According to an industry estimate, one refrigerator is made in every nine seconds at the unit.
Esta historia es de la edición October 18, 2024 de Business Standard.
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