Summary:
more-inNearly 400 foundries that are small-scale have downed shutters here for two days, protesting against the fluctuations in raw material prices. “We have supported the strike by foundries as we are also affected by these factors and we want relief,” he said. The small foundries need a raw material bank where there will be stocks for a month. When foundries stop production, the micro units do not get raw castings to do job work. The raw material prices are uncontrolled and in the last two or three months have incresaed by ?15,000 to ?20,000, he said..