With trucks stranded, losses pile up for T.N. industries - News Summed Up

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With trucks stranded, losses pile up for T.N. industries


Trucks with Tamil Nadu registration were set on fire during the violence in Karnataka over the Cauvery issue on September 12. Trucks with goods worth several crore of rupees are stranded in border areas, sources here say. “Though Karnataka in itself is not a major market for all industries and businesses here, it is a gateway to Maharashtra and Gujarat. This is gradually leading to cost escalation, not only for industries but also for the public. “We sell yarn and fabric in Maharashtra and buy cotton from Gujarat and Maharashtra.


Source: The Hindu September 27, 2016 20:03 UTC



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