At Vapi’s chemical units, order books hit, cash flows blocked

What Happened

Vapi Industrial Estate's approximately 3,000 factories face severe disruptions due to West Asia conflict. The Strait of Hormuz blockade restricted crude oil supplies, increasing production costs significantly. Garment manufacturers report 20% capacity reduction and Rs 7-8 per piece cost increases. Plastic manufacturers face 60-70% raw material cost rises with 50% production capacity drops. Man-made fiber production hit by PTA and MEG shortages. Workers struggle obtaining LPG cylinders amid uncertainty.

Key Entities

AI Tools