With $2.6bn at stake in Mexico, India Inc swings into action

by Dave

The Times of India

Indian Inc has begun taking measures to counter any possible impact on employees and operations from the outbreak that is rapidly spreading across nations. Some 15 Indian companies–from IT to pharmaceuticals to auto components–have delivery centres or manufacturing facilities in Mexico. The prominent names being Infosys, Wipro, Birla Carbon Black, Dr Reddy’s Laboratories, JK Tyres, Essel Propack and Videocon.

Essel Propack, the world’s leading laminated tubes manufacturer, has a plant in Mexico and its clients include Unilever and Procter & Gamble. Set up five years ago, the Mexican unit has staff strength of 126 and contribute 6% to Essel Propack’s revenues. JK Tyre had in June 2008 acquired a tyre-manufacturing company Tornel, which has three plants, in Mexico.

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