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

X
close save
crop image
x
TM
Mon, Sep 24, 2018 | Last Updated 7:46 pm 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
Donald Trump and His Adventures in WWE
Hyderabad youngsters stranded in Malaysia
Telangana health coverage model is a robust program covering nearly 80 lakh families
US badly attacked on Military parade in Iran
TPCC Chief & KTR lashed out at Twitter
BJP AP unit challenged CM Chandrababu Naidu for early poll
Is there a political controversy between India & Former French President?
No Bail for Karunas until October 5th!
Madurai express to land in Thiruvarur!
Tanzania boat accident kills more than 200!
Pakistan fan sings Indian National anthem!
AIADMK lawmaker Karunas arrested for making remarks against CM
10,000 to participate in Plant based Festival in Beijing
Pakistan PM disappointed as India cancelled Foreign Minister Level Meet
Trump administration will revoke work permits to H-4 visa users in 3 months
Amazon to sell Shampoos, face pack, medicinal products made from Cow Urine & Dung
136 people died after a ferry capsized on Lake Victoria, Tanzania
Karnataka CM Kumaraswamy called for a Revolt against BJP
TN Govt opened bookings for the online sale of imported sand at Thoothukudi port
PM Narendra Modi catapulted many projects in Odisha & Chhattisgarh
Is Chandrababu Naidu elder than PM Modi in politics?
Will Chandrababu Naidu attend Court in Babli Case?
India moving towards 5G: PM Modi
"Facebook Dating" made available within social networking company's mobile app
First Indian state to introduce Smart e-Public Distribution System (e-PDS)
Pawan Kalyan to have 'Gelupu Rotte' to win upcoming general elections in AP
Ajay Maken left for treatment abroad for his orthopedic ailment
Trump participates in UNGA events & bilateral meetings from September 24-27
Will Madras HC hear petitions challenging land acquisition in Chennai-Salem Project?
BJP leader gets trolled!
Kausalya consoles Amrutha Varshini!
Krishnaswamy turns against Karunas!
Daye suppression isn't the end!
HD Kumaraswamy meets 3,000 people every week during 'Janata Darshan'
Muslims across 31 districts of Telangana must get representation in 2018 Elections
TN Dr. Ambedkar Law University to remove unqualified teaching staff & other staff
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.