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Thursday, December 26, 2024 | 12:14 AM ISTEN Hindi

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Manufacturing firms want partial lift on Covid-19 lockdown to reduce losses

Most of the exporters have the required manpower and had sourced the raw material before the lockdown. All they need now is permission to produce their goods

Manufacturing PMI, industrial output, PMI
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Rajiv Bajaj, managing director, said: “We have requested to at least permit export production to start, so that there is no credibility loss for Indian industry and its supply chain.”

Surajeet Das GuptaT E Narasimhan New Delhi/Chennai
They are companies that operate from two leading industrial hubs but in completely different sectors — Tirupur in textiles, while Chakan, near Pune, in autos, with big names like Bajaj, Volkswagen group, Daimler and Mahindra & Mahindra operating there. Despite the difference in businesses they have a common demand to the state government — permit them to open their factories even if in phases so that they don’t lose huge money.
 
In the country’s textile hub of Tirupur, garment exporters are worried they might loose over Rs 25,000 crore worth of orders, putting them in serious trouble. They are required

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