The state [Karnataka] passed an amendment to its application of the factories act, which now allows for 12-hour shifts [up from 9], and the easing of rules for night-time work for women. The legislation increases the number of allowable overtime hours to 145 over a three-month period, up from 75, and caps maximum working hours at 48 per week [this is toothless].
Apple and its manufacturing partner Foxconn were involved in lobbying for a significant liberalisation of labour laws...There are “a lot of inputs" from industry lobby groups and foreign companies, including Foxconn and Apple, in the decision to amend Karnataka’s labour law.
Because "there's a class war, but it's my class that's winning" - Warren Buffett
Worse is how (at least in the countries I'm familiar with) way too few people are fighting back.
As a personal anecdote, I spoke with a boomer comrade recently and he agreed with my assessment that the political situation is very similar to how it was in the early 80s... but with a huge manpower difference. Back in 1982/3 you had 10 rented busses full of people drive to Bonn to participate in an Anti-NATO protest in Bonn with 1.5M other protesters. Now it's a very good result if 100 people show up.