Leading auto component manufacturer Pricol has said it may be forced to move production units out of the district due to frequent strikes and 'non-cooperative' attitude of some workers for the last two years,substantially bringing down its profit margin. The labour problem, started by a union, "following the ideologies of CPI-ML", in 2007 had had a severe impact on the company's performance for the last two years, Vanitha Mohan, Executive Director, Pricol told reporters here last night. With a 15 to 20 per cent year-on-year growth, Pricol should have reached Rs 800 crore turnover last fiscal. But the strike has dented turnover...
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