After 370 Abrogation, Local Cement Units Suffer Loses

Like the downfall of tourism and horticulture sectors in Jammu and Kashmir after the abrogation of Article 370, the cement industry is also suffering huge losses. Sources told that since August 5, 2019, local production of cement had been replaced by outside brands which left thousands of workers unemployed. It has been learned that after the central government abrogated Article 370, Kashmir based cement industry has suffered a huge burnt. According to Sources, it said during the ongoing situation in Kashmir Valley, each cement unit has suffered losses in millions of rupees. Sources said that during the last two and a half months, local cement production units are unable to step out and transit cement trucks from one place to another. “Since August 5, 2019, cement production plants established in Khanmoh, Khrew and other areas are unable to transit cement from place to another due to unavoidable circumstances”, sources said. They added, “situation is not conducive for truckers to move out with load from one area to another”. Sources also said “There are several cement production units in Kashmir Valley including Khyber, TCI Max, Saifco, Arco, HK, Cemtac etc whose business has been badly affected since August 5, 2019”, and said, “hundreds of trawlers loaded with outside cement brands have reached Kashmir Valley”. They expressed serious concern over the import of cement production from outside Kashmir. “Despite having enough capacity to cater government and civil works in Kashmir Valley, several trawlers are reaching Kashmir Valley with outside brands which is an alarming threat over local production”. They added, “since August 5, 2019, local production of cement has been replaced by outside brands which left thousands of workers unemployed”.