Following temporary suspension of operations due to fire accident
V I P Industries announced that part of the Stores Department, luggage assembly department and Injection molding department of Haridwar manufacturing plant of the Company caught fire on 22 November 2014. Production was temporarily discontinued and has already resumed from 24 November 2014. The entire unit of the Company is adequately covered under insurance. The extent of damage has been assessed, survey has been undertaken and the Company is in the process of putting up its claim.Powered by Capital Market - Live News