Bata India launches voluntary retirement scheme at Hosur plant amid restructuring
Bata India has approved a Voluntary Retirement Scheme (VRS) for eligible workers at its Bata Shatak manufacturing unit in Hosur, Tamil Nadu. The decision comes as part of the company’s broader plan to restructure operations and streamline factory locations in India. The company’s board gave the green light to the VRS, allowing all qualifying employees at the Hosur plant to participate. Approvals for late applications were also included in the scheme. Bata India has stated that the financial impact and implementation details will be shared at a later stage. This move follows a pattern of operational changes by the company, with previous VRS programmes leading to closures such as the Faridabad unit in 2016 and another facility in Karnataka. The latest scheme aligns with Bata India’s strategy to consolidate manufacturing due to rising costs and shifting market conditions in India. Despite the restructuring, the company will maintain production at key locations. Facilities in Batanagar (West Bengal), Bataganj (Bihar), and Peenya (near Bengaluru) will continue operations. The VRS is designed to benefit both the workforce and the business during this transition in India. The VRS at Hosur reflects Bata India’s ongoing efforts to optimize its manufacturing network in India. The company will assess the scheme’s outcomes and disclose further details in due course. Employees affected by the changes will receive support as part of the voluntary separation process.
