Company Directory - Cochin Shipyard Limited
Company Details - Cochin Shipyard Limited
Cochin Shipyard Limited
WebsiteKochi, India
Cochin Shipyard Limited is an Indian shipyard engaged in the construction of various types of vessels as well as ship repair services. It plays a key role in supporting maritime operations and defense projects in India.
CCI Score
CCI Score: Cochin Shipyard Limited
-30.93
0.01%
Latest Event
Cochin Shipyard Limited Stock Rally Amid Global Defence Spending Surge
Cochin Shipyard Limited experienced a 10% surge in stock value amid a rally in Indian defence stocks driven by global military spending increases, notably from Germany’s defence bill and the EU’s €800 billion rearmament plan. While the financial boost signals investor confidence, it also indirectly reinforces the global arms race and may contribute to a framework that empowers repressive state practices.
Take Action
So what can you do? It's time to make tough choices. Where will you cast your vote?
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
TOADIE
Cochin Shipyard Limited is currently rated as a Toadie.
Latest Events
- MAR192025
Cochin Shipyard Limited experienced a 10% surge in stock value amid a rally in Indian defence stocks driven by global military spending increases, notably from Germany’s defence bill and the EU’s €800 billion rearmament plan. While the financial boost signals investor confidence, it also indirectly reinforces the global arms race and may contribute to a framework that empowers repressive state practices.
- OCT232024
Employee unions have mobilized to oppose the privatisation of Cochin Shipyard, warning that handing over control to private entities will undermine job security, worsen labor conditions, and potentially erode public accountability. The protest highlights longstanding labor disputes and concerns over deteriorating human rights practices amid privatization efforts.
-40
Labor Relations and Human Rights Practices
March 19
The protest by employee unions reflects deep-seated issues in labor relations and human rights practices at Cochin Shipyard. Ongoing labor disputes and significant delays in dispute resolution, as revealed by the union's appeal, indicate that the company’s practices may be compromising worker protections. The fear that privatization will further erode these protections suggests a lack of commitment to ethical labor practices, contributing to a negative score in this category.
Employees’ unions appeal against privatisation of Cochin Shipyard
- OCT162024
Employees and union members protested the government’s plan to sell a 5% stake in Cochin Shipyard, arguing that the move towards privatization undermines labor rights and public accountability.
-70
Labor Relations and Human Rights Practices
March 19
The protest highlights severe concerns regarding labor relations and human rights practices. The move to privatize a portion of Cochin Shipyard is seen as dismissive of longstanding employee and union interests, contributing to a trend of undermining workers' rights in favor of neoliberal policies.
Cochin Shipyard Employees Protest Against Centre's 5% Stake Sale Amid Privatization Fears
-50
Economic Collaboration
March 19
The decision to advance with selling an additional stake is indicative of economic collaboration that prioritizes privatization over democratic control. This move is seen as facilitating regulatory capture and aligning economic interests with partisan government policies, further marginalizing worker voices.
Cochin Shipyard Employees Protest Against Centre's 5% Stake Sale Amid Privatization Fears
- JUN132011
The management dismissed union demands during a worker strike, raising concerns over its commitment to fair labor practices and respect for unionization efforts despite offering competitive wages.
-30
Labor Relations and Human Rights Practices
March 19
During the 2011 labor stir at Cochin Shipyard Limited, management's dismissal of union demands and labeling them as 'unsustainable and baseless' reflects a concerning stance toward labor rights. Although the company touted competitive wage rates, its refusal to engage constructively with union concerns undermines workers’ rights and fair labor practices, a critical issue from an anti-fascist perspective.
Alternatives
Mumbai, India
-29.11
Japan
0.00
Groton, United States
-21.18
Newport News, United States
-23.87
Henderson, Australia
-45.79
South Korea
-59.97
Corporation
0.00
Corporation
-47.23
Kolkata, India
75.04
India
52.42
Industries
- 331511
- Iron Foundries
- 336611
- Ship Building and Repairing
- 336612
- Boat Building