HOSTIA Hosur on strike ?? To know the full reason read the below blog!!!
Hosur Small and Tiny Industries Association (HOSTIA) has announced a two-day shutdown of MSMEs here to draw the attention of corporate customers to implement new costing norms. HOSTIA with a membership of over 2000 MSMEs will go on a total strike on July 13 and 14 “to draw attention of companies” to implement new costing norms worked out by the MSMEs. HOSTIA, had in March, released a new costing for products. However, according to HOSTIA, MSMEs were denied fair price and profit for their products and job orders for over the last 15 years. While the price paid by the companies remained the same, the costs of land and building, machinery, labour, electricity, consumables and overheads have inflated manifold.
