Four-five water tenders were pressed into action and the fire officers were making hectic efforts to control the blaze, they said.
The fire erupted at around 10 AM at the cotton godown in Sana industries premises on Talegaon-Chakan road at Kharabwadi near Chakan, about 45 kms from here.
"Five persons, including four women workers, have died in the fire and the work is going on to douse the flames," Chakan police official said.
According to police, there were some people working in the godown at the time of the mishap. As soon as the fire broke out, some of them escaped but five lost their lives.
The Chakan Police is investigating the case.