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Rs 15 lakh estimated loss due to fire at Bajrang jute mills in Guntur

Updated: Dec 10, 2013 02:57:35pm
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Hyderabad, Dec 10 (KNN)  A massive fire broke out in the early hours of this morning in the Bajrang Jute mills of Guntur, the loss of which is estimated at Rs 15 lakh.

However, there were no casualties.  Although there was panic among people in the vicinity, firefighters who had been trying to curb the fire since morning finally managed to put it out.

Almost 100 years old, the Bajrang Jute mill employs thousands of workers.

The mill is a unit of the East India Commercial Co Ltd, a public limited company incorporated in 1941, and promoted by Bhartia family of Kolkata.  

Having carried out trading activity initially, the company in 1945 went into manufacturing of jute products.  It now has in its stable 3 jute units – Krishna Jute Mills, situated at Eluru; Bajrang Jute Mills Ltd situated at Guntur; and Krishna Hessians, situated at Kottur, near Eluru, Andhra Pradesh.

EAST INDIA group is a premier manufacturer of jute goods in India with an installed capacity of about 80000 M.T. and annual production of 60000 M.T.

The combined turnover of the Group is USD 35 million. The company employs 10,000 workmen in its jute manufacturing units.

Krishna Jute Mills and Bajrang Jute Mills manufacture jute bags for packing of food grains, sugar and a small quantity of jute twine and yarn, which are mostly sold in the domestic market in India. (KNN/SD)

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