The ongoing war in West Asia has also affected the industrial area of Bhopal. The impact on Mandideep’s industries and export-import is clearly visible. Raw materials have become costlier by 60 percent. At the same time, 50 percent industries have been affected. It is being said that if the war stops even today, it will take about 3 months for normalcy to return.
With production being affected, an employment crisis has arisen. Due to closure of sea routes and halt in transportation, import-export of hundreds of factories here has been badly affected, due to which industrialists are very worried.
Huge shortage of raw materials due to supply chain breakdown – Mundra
According to Vikas Mundra, President of the Association of All Industries (AAIM), there is a huge shortage of raw materials due to the breakdown of the supply chain. The situation is such that the prices of raw materials have increased by 50-60 percent and even after paying double the price, the goods are not available on time. Its biggest impact has been on the plastic, packaging and chemical sectors, where the pace of production has slowed down considerably.
Many industries affected by shortage of petrochemicals – Mundra
He said, “Almost all industries are being affected due to the shortage of petrochemicals which is a by-product of crude. Due to non-supply of CNG and PNG, many industries have been adversely affected. If the situation does not improve, this effect of 50% will increase to 75% in the coming days and after that many industries will be on the verge of closure.
Industries also affected due to cost of industrial diesel
The head of the Association of All Industries also said that the cost of industrial diesel will also affect the industries. Due to the tension in the Middle East, trade has come to a standstill due to the sea routes being affected. Let us tell you that the war between America, Israel and Iran has been going on for the last several days.