Manufacturers of scientific instruments in Haryana's Ambala hit by recent floods, losses estimated at Rs 300 crore

economictimes.indiatimes.com:

Haryana's Ambala has been severely affected by recent floods, with manufacturers staring at losses running into crores of rupees. According to various traders' associations, the scientific instruments manufacturing units suffered an estimated loss worth more than Rs 300 crore. Most of these units supply the instruments to educational and technical institutes, while some are meant for export.

The recent heavy rainfall in the region inundated vast tracts of agricultural land as well as many residential and commercial areas in the twin towns of Ambala City and Ambala Cantonment. The famous scientific instruments industry of Ambala Cantonment had to face huge losses as floodwaters entered a number of instruments manufacturing units, bringing work to a standstill and rendering machines and equipment worth crores of rupees almost defunct and raw material damaged. They said around 100 manufacturing units were submerged under 4 to 5 feet of water for three days.

As rains lashed the region, water from the Tangri river entered the manufacturing hub.Satish Saini, one of the scientific equipment manufacturers of Ambala Cantt, said that the loss suffered by the units in the flood is estimated to be more than Rs 300 crore. The sudden flooding did not give any chance to entrepreneurs to shift their machinery and equipment located on the ground floor to some safer places, he said. Costly machines, consignments ready for dispatch, electrical fittings and furniture items kept in the manufacturing units were completely damaged, many manufacturers said.