Industry and trade welcome lockdown relaxations in Coimbatore thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
New financial year brings uncertainties to industries in Coimbatore, Tiruppur
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AAA With the commencement of a new financial year, industries in Coimbatore and Tiruppur stare at uncertainty as COVID-19 cases are spiking again and raw material prices remain uncontrolled.
P. Nallathambi, president of Coimbatore SIDCO Industrial Estate Manufacturers’ Association, said that the industries were yet to feel the impact of the rising COVID-19 cases. There is no report of many cases in industries in Coimbatore. However, raw material prices continue to be on the rise. Even public sector undertakings are increasing the prices. Though the units have orders they are unable to commit on pricing. Government has to step in and take measures to control the raw material prices, he said.
Rising polymer prices pose new challenge for MSMEs in Tamil Nadu thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Tamil Nadu MSMEs feel pinch of rising polymer prices
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March 05, 2021 11:43 IST
With the State going to the polls, these units feel they are being orphaned, and any further delay in relief will worsen their lot
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With the State going to the polls, these units feel they are being orphaned, and any further delay in relief will worsen their lot Micro, Small and Medium Enterprises (MSMEs) across Tamil Nadu, which spend huge sums on raw material procurement after the lockdown was lifted, face a new challenge: the rising polymer price and a huge shortage of the material.