Three Injured In Fire At Jindal Poly Films Subsidiary's Plant In Nashik, Disrupting Operations
A fire which broke out on Wednesday at a plant operated by Jindal Poly Films Ltd.'s subsidiary in Maharashtra's Nashik has temporarily affected its operations and three people were injured, according to an exchange filing.
The fire accident erupted at around 1:00 a.m. at the plant operated by JPFL Films Pvt, as per the filing. "The production operation at part of the said plant is disturbed temporarily," it added.
The cause of fire will be assessed in due course by the subsidiary entity, Jindal Poly said, adding that the firm is also in the process of ascertaining the actual loss caused by the accident.
"There is adequate insurance coverage for said plant and intimation to insurance company has already been made. The amount of damage will be assessed in due course of time," it added.
Maharashtra: A fire broke out between 1 to 1:30 AM last night at the Jindal company located in Mundegaon on the Mumbai-Nashik Highway. The blaze started behind Gate No. 4 and spread rapidly. Firefighting efforts are still underway and no casualties have been reported so far.… pic.twitter.com/gElXehVEUT
May 21, 2025Three employees were injured in the incident and taken to a nearby hospital for treatment, according to NDTV report. Local authorities said goods worth crores of rupees may have been damaged, but a full assessment is pending.
Local authorities said the fire broke out late Tuesday night in the raw material warehouse at the plant located on the Mumbai-Nashik highway in Mundegaon. The fire spread to other parts of the unit, fuelled by chemicals and plastic stored at the site. Loud explosions were reported, and the blaze caused panic in the surrounding area.
Residents said the explosions were audible from a distance, and thick smoke was seen rising from the plant, according to NDTV report. Firefighters, police, and disaster management teams responded quickly, but the fire proved difficult to control.
The fire continued to smoulder even after 30 hours, with emergency teams still at the scene, the report added.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.