It is a transparent vote in opposition to Germany as a location: BASF has been relocating elements of its manufacturing overseas for years. Hundreds and probably 1000’s of administrative jobs at the moment are set emigrate to India. The union and politicians react outraged.
https://www.welt.de/wirtschaft/plus698cbfdbf4d0b8d94ca192b4/chemiekonzern-die-zweite-rueckzugswelle-der-basf-aus-deutschland-rollt-in-richtung-indien.html