In response to being laid off from their jobs at an Indian car parts company, the suddenly unemployed workers beat the CEO to death. More than 60 were arrested in connection to the crime.
A spokesman for the Federation of Indian Chambers of Commerce and Industry said: “Such a heinous act is bound to sully India’s image among overseas investors.”
The murder has stoked fears that outbreaks of mob rule risk jeopardising the subcontinent’s economic rise.
In the most high-profile incident so far, thousands of violent protestors recently forced Tata, the Indian conglomerate that owns Land Rover and Jaguar, to halt work on the plant being built to produce the world’s cheapest car – the £1,250 Nano. The move could result in nearly £200 million in investment written off.
