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The Cost Of Being Wrong: Why India’s Factories Hire But Don’t Invest

Contract labour has let firms grow without committing to new machines or to the people they hire. Indian factories are earning well and hiring more people, but they are not buying more machines or training their workers. They hire contract workers instead, because contract workers can be let go easily. Machines and permanent, trained staff are long commitments, and firms are afraid of getting…

Swarajya 14/10/2026, 2:48:31 pm IST

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