Seventy match units, affiliated to Tamil Nadu Matches Manufacturers’ Association, located in and around Sattur began a 12-day closure on Wednesday protesting against the spiraling price of raw materials.
The manufacturers said that despite the steep rise in price of raw materials, the inability in fixing production cost had forced them to close down their units as they could not keep revising the selling price frequently.
“As per the industry practice, we can revise the selling price only once in six months. But, every week, the price of boards, paper, polythene sheets, paraffin wax and chemicals like sulphur and red phosphorus were increasing,” said S. Lakshmanan, president of the association for Sattur region.
