Union Labour Minister Oscar Fernandes has said that ‘simmering discontent among the workers’ is the main reason behind the death of L K Chaudhary, the CEO of an Italy-based company Graziano, in Greater Noida.

The Minister said at a press conference, "This should serve as a warning for the managements. It is my appeal to the managements that the workers should be dealt with compassion,"

INDIA INC IN SHOCK

An outraged India Inc condemned the killing of L K Chaudhury, stating such incidents will damage the country's image among global investors.

Chaudhury was beaten to death yesterday allegedly by dismissed employees inside the factory.

"Such a heinous act is bound to sully India's image among overseas investors and deserves utmost condemnation," industry body FICCI said.

Expressing concern over the law and order situation in Greater Noida, the Indo-Italian Chamber of Commerce and Industry said trade unions should conduct themselves with maturity and responsibility.

"Labour unrest takes place everywhere but it is unfortunate that in this particular incident, things went out of hand," Chamber's Northern Region Chairman Diljeet Titus said.

He said unions should realise that companies are working in a liberalised environment and industrial peace is essential for economic development.

The Indo-American Chamber of Commerce said the incident sets a bad precedence for Uttar Pradesh as the state needs investments and job opportunities.

Echoing the sentiment, Assocham President Sajjan Jindal said the UP administration needs to take stringent action

against those who have committed the gruesome act to restore confidence of investors in the state.

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