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News India Live, Digital Desk: The industrial city of Kanpur is currently going through its most difficult phase. Due to the disruption of supplies from the Strait of Hormuz due to the Iran-Israel war, not only has there been a shortage of LPG and PNG, but the prices of ‘polymer’ which is essential for the plastic industry are also skyrocketing.
Major crisis: Gas shortage and lock in factories (Industrial Blackout)
Fabrication and Metal Units Closed: close to city 150 fabrication unitswhich used commercial gas for metal cutting, have been completely closed. Due to non-availability of cylinders, production worth crores is stalled every day.
20% reduction in PNG: Drastic reduction in the supply of piped natural gas (PNG) Biscuit and confectionery manufacturers has been forced to halve production.
Ban on night shift: due to gas crisis 2000 factories Night shift has been stopped in Uttarakhand, due to which the earnings of daily wage laborers have been directly affected.
Plastic Industry and fear of layoffs (Impact on Plastic Industry)
Shortage of raw materials: The main raw materials (Polyethylene and Polypropylene) for the plastics and packaging industry come from the Middle East. Their prices increased due to the war 20% to 30% There has been a surge of up to.
Sword on Jobs: Industrial organizations (like KIESA) claim that if the situation does not improve in the next 15 days, then 1 lakh workers may have to face layoffs. Many MSME units have already started layoffs.
Exports worth Rs 500 crore stuck: Almost all leather, textile and plastic products from Kanpur ₹500 crore Orders are stuck at ports due to closure of sea routes.
‘Artificial boom’ and outcry in the market
Cooking appliances market in Kanpur due to fear of fuel crisis induction stove The demand has increased 10 times. The stock which used to be sold in a year has been exhausted in just a week. There are long queues outside the gas agencies and cylinders are being distributed in the presence of police.
