New labour codes, Nov. 22 -- In a major overhaul of India's labour framework, the Government of India has announced four new labour codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020. India's new labour codes, which take effect from November 21, 2025, mark a significant shift from the old rules, expanding worker protections and modernising employment practices.

According to stock market experts, this will impact labour-intensive segments such as chemicals and paints, oil, auto, auto ancillaries, and pharmaceuticals. They stated that a better work environment and job security are expected to enhance employee performan...