
Bata India's board has approved a Voluntary Retirement Scheme (VRS) for eligible workers at its Hosur manufacturing unit in Tamil Nadu. This move is part of the company's ongoing operational restructuring and consolidation of its manufacturing footprint due to cost pressures and market dynamics. Bata India stated the VRS is expected to be mutually beneficial and will assess its financial impact later. The company has previously implemented VRS at other units, leading to closures, while maintaining facilities at select locations.
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