Empowering MSMEs with News & Insights

Ambala’s scientific instruments cluster suffers heavy losses due to floods

Updated: Jul 24, 2023 01:41:29pm
image

Ambala’s scientific instruments cluster suffers heavy losses due to floods

Ambala, July 24 (KNN) The scientific instruments manufacturing units in Ambala have suffered an estimated loss worth more than Rs 300 crore due to flash floods in the city.

Most of the units in the city supply the instruments to educational and technical institutes, while some are meant for export.

FOLLOW US on GOOGLE NEWS

The famous scientific instruments industry of Ambala Cantonment had to face huge losses as floodwaters entered a number of instruments manufacturing units, bringing work to a standstill and rendering machines and equipment worth crores of rupees almost defunct and raw material damaged.

Saurabh Nagpal, an office-bearer of the Ambala Science Equipment Manufacturers Association (ASIMA), said that most of the manufacturing units have faced huge losses.

He said that the floodwaters were yet to recede from some areas even after a week. “The government should constitute a committee to assess the losses and provide compensation.” he added.

Nagpal said the government should grant concession in taxes and electricity bills to the affected units.

Satish Saini, one of the scientific equipment manufacturers of Ambala Cantt, said that the loss suffered by the units in the flood is estimated to be more than Rs 300 crore, reported the Tribune.

“The sudden flooding did not give any chance to entrepreneurs to shift their machinery and equipment located on the ground floor to some safer places,” he said.

The flooding like situation has also impacted several skilled and unskilled workers as most of the units had to suspend their manufacturing for days.  (KNN Bureau)

COMMENTS

    Be first to give your comments.

LEAVE A REPLY

Required fields are marked *