Katamarayudu telugu movie review | Katamarayudu Movie Review Rating | Katamarayudu Review | Pawan Kalyan Katamarayudu

X
close save
crop image
x
TM
Sat, Nov 17, 2018 | Last Updated 10:59 am IST

Menu &Sections

Search

Sterlite Plant's Closure left many SSI in retrenchment

Sterlite Plant's Closure left many SSI in retrenchment
Sterlite Plant's Closure left many SSI in retrenchment
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

Chennai sources reported that as the heat and dust over the closure of Vedanta’s Copper smelting plant in Thoothukudi is yet to settle down even after the state government ordered its closure two months ago, the Copper Consumers Association of South India (CCASI) say their industries are getting choked up due to lack of supply of raw material.



Meanwhile the Sterlite plant’s closure has added to their woes in not meeting the requirements of consumers and has thinned down the workforce in many small scale industrial units in the form of retrenchment. Accordingly the association has demanded the government to ensure alternate source of procuring the raw material copper, and thereby help about 50,000 industries in India to survive.

Sterlite Plant

Moreover the Winding Wires Manufacturers Association of India president Sudhir Kumar Agarwal has claimed that the sudden closure of Sterlite’s copper plant has resulted in huge loss to winding wire industry and impacting the production of all electrical and electronic equipment. Furthermore he added if the closure continues, the industry will be forced to import copper at an additional cost of about 5% more than domestic prices, resulting in cascading effect for the ultimate user and can be highly inflationary.

Sterlite Plant

Sterlite Plant's Closure left many SSI in retrenchment
5/ 5 - (1 votes)
Add To Favourite
More from author
Vedaranyam heavily impacted by Gaja!
Chandrababu Naidu leaving no leaf unturned to take on Modi
Arvind Kejriwal to campaign in Telangana for AAP candidates
Wedding Photos of Deepika Padukone & Ranveer Singh leaked out
Will KTR quit politics, if TRS lost Elections?
Cyclone Gaja crossed Tamilnadu coast between Nagapattinam & nearby Vedaranniyam
PM Modi felicitated winning teams of Singapore-India Hackathon
Social Activist Trupti Desai urged PM ensuring security for her visit to Sabarimala Temple
Karunanidhi's Life Size Statue to be unveiled on December 16
.  Indian-American to replace Justice Brett Kavanaugh on DC Circuit Court of Appeals
Gaja impacts throughout the state!
Smriti Trolls DeepVeer!
13 year old dies in boxing contest!
TN govt ready to face Gaja!
Automated baggage check-in facility introduced for passengers in Bengaluru Airport
Railway suspects passengers for missing Bed sheets & Towels in A/c Coaches
KCR has No Loans, No Cars in his name
Pawan Kalyans shocking comments on BJP
Multi pronged strategy adopted by Telangana Cops to prevent Maoists threat
Rahul Gandhi slams PM Modi & Anil Ambani in Rafael Deal
Cyclone Gaja expected with more anticipation in Chennai
Deepika-Ranveer MARRIED in Italy
ISRO successfully launched GSLV-Mk III on Wednesday
Chandrababu Naidu confident in winning in Telangana
Muslims in Telangana state upset seeing attitude of political parties
A new memoir titled "Becoming" by Michelle Obama out
Bengaluru likely to receive rainfall on November 16-17 & 22-23
Swiggy plans to deploy Women as delivery personnel across India
Has AP government misused Tirumala Tirupathi temple funds?
Sexual abuser arrested finally!
Infosys founder supports Modi!
Downfall of Rajapakse govt!
Gaja reaches Chennai!
SC to hear 49 Review Petitions in Sabarimala Temple case
PM Narendra Modi is in Singapore for East Asia Summit
Melania Trump explicitly Donald Trump to oust Mira Ricardel
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.