Cyber City is estimated to suffer a loss of Rs 200 crore due to farmers’ march to Delhi. Business from Punjab is completely at a standstill. Goods are neither coming nor going from there.
Transport is not available in most areas of Himachal Pradesh, Jammu and Kashmir, Western Uttar Pradesh and Uttarakhand. If we are able to reach some areas then we have to cover a long distance.
Within four days of the announcement of farmers’ march to Delhi, Cyber City has suffered a loss of about Rs 200 crore. If the atmosphere of fear continues for more than 10 days, then Cyber City will have to suffer a loss of hundreds of crores of rupees every day.
In many areas from Punjab, Himachal Pradesh, Jammu and Kashmir, Western Uttar Pradesh to Uttarakhand, goods are neither being able to go nor are goods coming from there. The areas where the goods are able to reach are after covering considerable distances. Due to this, the cost of transportation of goods is very high. The movement of goods from North India to South India is also being significantly affected.
Most impact on transportation
Cyber City is the hub of automobiles and garments. Thousands of transports are connected to both the sectors. Cyber city is also the hub of malt extract. The farmers’ march to Delhi has the biggest impact on transportation. Business from Punjab is completely at a standstill. Goods are neither coming nor going from there.
Transport is not available in most areas of Himachal Pradesh, Jammu and Kashmir, Western Uttar Pradesh and Uttarakhand. If we are able to reach some areas then we have to cover a long distance. Due to this, the cost of transportation is becoming very high.
There will be huge loss due to supply chain breakdown
Entrepreneurs say that industrial units still have raw materials. Everyone has stock for 10 to 15 days. If the situation remains like this for the next few days, the supply chain will be completely broken. You will have to suffer huge losses due to supply chain breakdown. Once the supply chain is broken, the effect lasts for several days.
Goods movement from Ludhiana completely stopped
Ludhiana of Punjab is not only a hub of auto components but also a garment hub. Many types of clothes including t-shirts are sent from Ludhiana to Cyber City and all over the country. The movement of goods from Ludhiana has come to a complete halt. Similarly, cast iron from Mandi Govindgarh reaches the entire country. There is a complete stoppage of goods from there also.
