Home / Knowledge / News / Textiles / CCI should pay losses in ICD fire incurred by exporters – EPCH
CCI should pay losses in ICD fire incurred by exporters – EPCH
12
Apr '10
Handicrafts products worth over Rs 60 crore (approx.) were gutted in a major fire at the Inland Container Depot (ICD) at Tughlakabad, New Delhi,.

“The ICD is always over congested as more than 400 containers of goods are always stored there as against the capacity of 200 containers of goods only. These containers carry approx. 30 per cent handicrafts, approx. 50 per cent garments and approx. 20 per cent Miscellaneous goods. Each container values between Rs 10 lakh to Rs One crore. There is massive damage to the goods,” said Mr. Raj Kumar Malhotra, Chairman of the Export Promotion Council for Handicrafts (EPCH) after visiting the ICD.

At least there would be an estimated damage to the tune of Rs 200 crore in this fire and a heavy export loss, as all records are burnt and cancellation of export orders. There is an incentive loss to the Exporters also in the absence of records at the ICD, Mr Malhotra said and added that overall, there would be a huge foreign exchange loss in the absence of these exports.

He also mentioned there were no proper precautionary fire fighting measures at the ICD, like storage of water to meet such situation and improper electrical fitting which may have caused the short circuit responsible for such a disaster.

EPCH demanded that Container Corporation of India (CCI) should pay the losses incurred by exporters without any inquiry and delay on the basis of the shipping bill submitted by the exporters as the CONCOR has the full insurance of the ICD. “Handicrafts is a small scale business and many fellow exporters have very limited capital. This loss will affect heavily on small exporters and may even lead to closure of their businesses.”

Mr. Malhotra said that he also met Mr. Deepak Kapoor, Chief Manager, CONCOR, who informed that CONCOR is fully insured. He has also assured that all claims of the exporters will be paid after getting insurance money and will be passed on to the exporters.

Mr. Malhotra also urged the Government to direct the CCI to pay the claims by exporters and open an enquiry window or claim settlement counter immediately.

The fire broke out at the ICD in the wee hours around 0545 hrs in the export warehouse and quickly spread to the cargo stored there for completion of customs formalities and other procedures. At least 30 fire tenders were pressed into service to douse the flames which took several three hours to control the fire.

EXPORT PROMOTION COUNCIL FOR HANDICRAFTS

Must ReadView All

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search