So, what Business Leaders have to say on the New Labor Codes
Stressing on the strategic reform & modernisation, Industry heads broadly praised the reforms for enhancing the ease of doing business and upgrading outdated regulations. Key figures like Anant Goenka (FICCI/RPG Group) noted the codes offer "significant benefits for both industry and workers," while Arvind Goel (Tata AutoComp/CII) highlighted the consolidation of 29 laws as a "milestone for strengthening workforce well-being." Furthermore, Shashwat Goenka (RP-Sanjiv Goenka Group) noted they improve "the dignity of labour".
Now speaking on the implementation & compliance front:, experts, including Atul Gupta (Trilegal), stressed the urgency of compliance, noting that the lack of a grace period requires "immediate action on substantive provisions," while RP Yadav (Genius HRTech) advised a "proactive realignment of wage structures" to ensure resilience.
The reforms were identified as key to reducing regulatory burdens for manufacturers and offering greater flexibility on operational matters. Leaders such as Mehul Mohanka (Tega Industries) emphasized that the changes, including universal social security, will empower the workforce and foster responsible industrial growth.
“For companies with high variable pay, he estimates a 5–10 percent increase in manpower costs due to the 50% wage rule. The exact impact will vary by industry and the current compensation design," stated Viswanath PS (CEO, Randstad India).
While Atul Gupta (Partner, Trilegal) warned that because there is no official grace period, businesses must take "immediate action on substantive provisions" like the 48-hour settlement rule for exiting employees. Furthermore RP Yadav (Chairman & MD, Genius Consultants) also advised that "proactive realignment of wage structures" is no longer optional but a necessity for business resilience in 2026.

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