Sena takes on industries moving out of Maharashtra

Image
SANJAY JOG Mumbai
Last Updated : Jan 21 2013 | 2:33 AM IST

Industries looking for opportunities to move out of Maharashtra are the Shiv Sena’s latest target. 

Shiv Sena chief Bal Thackeray said industries in Maharashtra have prospered because of the labourers and they cannot move out of the state and render these people jobless. He asked party workers to keep a close vigil on industrial units to make sure they are not looking for opportunities elsewhere and help locals keep their jobs. 

The move comes at a time when several industrial units from the textile, engineering, manufacturing and pharmacuitical sectors are moving out of the state because of high operational costs following an increase in power tariff, electricity duty, water charges and labour charges. 

However, Thackeray made it clear that his party was opposed to any violent protests resulting in damage to property, including machines and equipment, by employees fighting for the cause. 

The Sena chief also took a swipe at Karnataka chief minister BS Yeddyurappa for luring away industrialists and business houses from Maharashtra. He warned that the Sena would do everything to foil such attempts at a time when the Maharashtra-Karnataka border dispute is yet to be resolved. 

The Economic Survey of Maharashtra for 2009-10 has expressed serious concern over the closure of industries in the state. According to the report, there has been a 35 per cent rise in the number of small-scale industries that were closed during the year. 

The report states that the reasons behind the closing down of small-, medium- and large-scale industries could be due to power shortage, the recent ecnomic downturn and competition. The Congress was quick to react to Thackeray’s comments, and said there was nothing new about industries looking for opportunities elsewhere. Some industries prefer to move out due to competition and their inability cope with rising costs. 

“However, new investments are coming in the state and it continues to be the favoured destination for investors,” a senior Congress party leader said on the condition of anonymity. 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 12 2010 | 1:38 AM IST

Next Story