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CODISSIA urges Centre to re-open SAIL yard as MSMEs have to buy steel from Trichy or Chennai

Updated: Dec 12, 2018 07:53:21am
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CODISSIA urges Centre to re-open SAIL yard as MSMEs have to buy steel from Trichy or Chennai

Coimbatore, Dec 12 (KNN) The Coimbatore District Small Industries Association (CODISSIA) has urged the Central Government to take measures to restart the operations of SAIL yard in the city in order to help the MSMEs in the region.

CODISSIA President R Ramamurthy said that the yard was closed in 2015 to facilitate the construction of a railway over bridge which was completed in 2017.

The association had already submitted memorandums to the Union Ministers and secretaries concerned in this regard, he said.

MSMEs in the region at present were buying steel from either Trichy or Chennai yards at high cost as a result of transportation.

The average consumption of steel in Coimbatore was 2 lakh tonnes per month and due to non-availability of SAIL yard, private companies were capitalising on the situation, Ramamurthy said.

In view of this, the Centre should initiate steps to reopen the SAIL yard for the benefit of MSME sector.

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