Talks on Hind Motors closure todayhttps://indianexpress.com/article/cities/kolkata/talks-on-hind-motors-closure-today/

Talks on Hind Motors closure today

The company’s president, Juan Eulate, said they wanted to take loans from banks and wanted us to stand guarantee for the same.

Representatives of the C K Birla Group that owns Hind Motors that manufactures Ambassador cars, will meet Minister for Labour Purnendu Basu Thursday to sort out problems that led to closure of  Uttarpara plant May 24. The plant has 2500 employees. “

“A tripartite meeting was called by us Tuesday but representatives of Birlas did not turn up. They informed us that they would meet Thursday,’’ Bose today told The Indian Express.

Meanwhile, the state government is planning to take legal action against the Ruia Group, owners of the 226-year-old engineering company Jessop that shut down its plant at Dum Dum on May 15. The plant has about 650 employees.

“The company’s president, Juan Eulate, said they wanted to take loans from banks and wanted us to stand guarantee for the same. I discussed this with the finance minister who told me it was not possible. If the company does not open the plant shortly, we may move court,’’ Bose said.