Industry And Cluster | News & Insights

Good news for industrial cities

Published: October 20, 2021
Author: Manali bhanushali
Aurangabaad :-After Navratri, Dussehra, Eid, the boom in Aurangabad market is now ready for Diwali. There are signs that this joy, which started with the festivities, will be doubled by Diwali. Because in the next 14 days, the city has estimated a turnover of Rs 800 crore, according to the District Chamber of Commerce. In the textile, sweets and gift markets in Aurangabad, special discounts are being given to the customers and it is expected that the workers will also be given bonus facilities. It is learned that workers in the companies will get a bonus of Rs 125 crore. Therefore, there are signs that Aurangabadkar’s Diwali will be hit this year.
Various companies, small and big industries, factories in Aurangabad are the great glory of this city. It is because of these industries that Aurangabad is famous in the world. Currently there are 4500 industries in the industrial estates. The total number of workers here is 250,000. It is estimated that the workers will get a bonus of Rs 125 crore this year. Even during the Corona period last year, the companies had given a bonus of Rs 75 crore to the workers. The atmosphere is good this year. Therefore, all the companies together will be given a bonus of around Rs 125 crore. Many companies even offer a bonus equal to one month’s salary, said CMIA president Shiv Prasad Jaju.
The market has also rallied as the corona’s decline has subsided. The textile market is booming. Attractive welcome arches are erected in front of the showroom. Discounts, prizes and other offers are being offered on the purchase of various garments. At the same time, each shop is allowed to remain open till 11 o’clock.

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