Floodwater has severely impacted Asia’s largest sugar mill located in Yamunagar, Haryana, causing extensive damage and financial loss estimated at around Rs 50 crore. The floodwaters inundated the mill’s large warehouse, which stored approximately 2,20,000 quintals of sugar, valued at about Rs 97 crore.
The incident was triggered by recent heavy rains and widespread flooding in the region, which have disrupted industrial operations and the local economy. Authorities are currently assessing the extent of the damage and looking into measures to prevent further losses.
Response and Concerns
- The sugar mill’s management and local officials have expressed deep concern over the situation.
- There is an urgent call for improved flood control infrastructure to protect such vital economic assets from future disasters.
- Recovery and restoration efforts are underway with an emphasis on protecting the remaining sugar stock and resuming production quickly.
Potential Impact
- Industry experts warn that this natural disaster could disrupt the sugar supply chain.
- The affected supply may lead to fluctuations in sugar prices in the coming months.
- Farmers and workers reliant on the mill for their livelihoods are anxious and hopeful for swift government support and assistance.
- The flood’s consequences may extend to the wider agricultural sector and food industry not only in Haryana but also neighboring states.
Continued developments on this situation will be provided by Questiqa World News as more information becomes available.
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