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    Home»News»Adani Group’s Orient Cement buyout sparks job security concerns
    News

    Adani Group’s Orient Cement buyout sparks job security concerns

    Employees fear potential workforce reductions under the new management and doubt whether prior commitments will be honoured
    HRK News BureauBy HRK News BureauDecember 31, 20242 Mins Read13953 Views
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    Adani Group
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    The October 2024 acquisition of Orient Cement Company (OCC) by the Adani Group has sparked apprehension among employees about their future. The buyout involves passing on OCC’s management to Adani Cement over the next three to four months.

    Located in Devapur, Kasipet mandal, the plant employs 2,358 workers, including permanent, contract, management, and loading staff.

    Employees fear potential workforce reductions under the new management and doubt whether prior commitments made by the CK Birla Group will be honoured. These concerns have led to plans for organised protests to demand accountability.

    Established by the CK Birla Group 42 years ago, OCC has been a cornerstone of the local economy. The previous management had promised significant investments, including establishing a fourth unit and creating 4,000 local jobs for those displaced by land acquisition and affected by air pollution. Other assurances included developing essential infrastructure such as schools, healthcare facilities, and roads for the surrounding villages. However, allegations persist that many of these promises remain unfulfilled, despite orders from the High Court.

    Workers’ unions have begun mobilising to demand action. A recognised trade union leader has called for the new management to honour past commitments or face protests. Meanwhile, Ramulu Naik former MLC and union president has announced plans for a day-long sit-in outside the plant to demand immediate progress on the fourth unit.

    As the Adani Group takes over operations, employees and local stakeholders are awaiting clarity on the company’s plans. The situation highlights the challenges of balancing corporate transitions with commitments to employee welfare and community development.

    Adani Group CK Birla Group Employee Employee Welfare employer Human Resources job security concerns Orient Cement Company (OCC) Workforce Workplace
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