- The COVID-19 pandemic and its fallout makes it difficult to forecast the future with any degree of certainty, says L&T Group Chairman A.M. Naik
- From a sub-contracted labour force of around 2,25,000 working at project sites prior to the Covid-19 outbreak, the workforce came down to 1,60,000, says Naik
New Delhi: Admitting that Larsen & Toubro has not been immune to labour disruptions due to COVID-19, the group’s chairman A M Naik has said sub-contracted labour of the company dipped even below 1.6 lakh post pandemic induced lockdowns from 2.25 lakh earlier.
Ninety per cent of the domestic project sites of the company are operating with restricted labour capacity, the company said in its latest annual report.
Images of migrant workers returning to their homes, some on foot, some by hitch-hiking and a large number through special ‘Shramik’ trains and buses arranged by the central government in coordination with state governments have been imprinted on minds through mainstream and social media, Larsen & Toubro (L&T) Group Chairman A M Naik said in the report.
Source: livemint
