BKM Industries Limited has suspended manufacturing operations at its plant located at Hooghly West Bengal from December 14, 2020 due to acute competition and high production cost.
“The company has notified for suspension of manufacturing operations at its plant located at Brahmanpara, P.S Haripal, Plot No. 138, Batsonna, Dist. Hooghly West Bengal, with effect from December 14, 2020 from 6:00 A.M. onwards, due to acute competition and high production cost and incurring huge losses for the past few years and in spite of best efforts, the company was not able to revive the same,” company said in a regulatory filing on Monday.