Coimbatore: The constant increase in fuel prices has reached micro, small and medium enterprises (MSMEs) in the district hard when they struggle to survive after the induced shutdown is locked for almost two months.
On Tuesday, the price of gasoline and diesel jumped to Rs 101.27 and Rs 94.44, in the district.
Jes James, President of District, the Association of Pondok and Tiny Enterprises Tamil Nadu, said the increase in fuel and raw materials had eliminated a big blow to MSMEs, who struggled to revive the impact of locking.
Indicates that most raw materials were taken to the city of other states, especially the northern part of the country, he said the allegations of transportation had doubled in the past two years.
James said, “The logistics company used to collect our Rs 4,500 to 4,500 Rs to transport raw materials with heavy tons to the city from Mumbai about two years ago.
Now, they charge more than Rs 8,000 per ton because of the increase in fuel prices.
Likewise , goods and autos vehicles charged with Rs 250 to RS 300 to transport goods to a distance of 10 km have now doubled the cost.
“MV Ramesh Babu, President, Coimbatore District Industries Association, expressed the same points and said product costs increased significantly due to Increase in fuel prices and raw materials.
“Not all buyers are ready to revise the price of products together with the increase in manufacturing costs.” He said most workers used their own vehicle to travel to work.
“They are now demanding employers to revise their wages because they are forced to issue most of their wages on fuel.” We have no choice but to consider their requests because skilled workers are our assets.
We can’t lose them.
“Many industries also use diesel and other lubricants in the manufacturing process.
Their costs have risen recently, said Ramesh Babu.
K Maniraj, President, Association of Manufacturers of KOVAI Power Driven spare parts, said most raw materials to make pump sets purchased from The northern part of the country.
Along with the increase in raw material prices, he said, their transportation costs also increased.
“It has increased our burden.
The government must immediately intervene and take steps to control price increases.
If not, it will be very difficult for us to survive.
“He said there were times when their profit margins were at least 5%.” But now, we only work to minimize our loss.
Some of us continue to produce products by creating losses only to maintain our customers and in order to be in the field, while others have left the industry without being able to bear losses.
“
Hike Fuel Prices Hits Revival Ummes Hopes
