Shocking! Britannia Factory Closure: Impact on Kolkata’s Workforce

Britannia factory closure in Kolkata shocks many. Historic site shut down affecting 372 employees. Find out why and what it means for Kolkata's economy.


Britannia Factory Closure: A Historic Setback for Kolkata

Britannia Factory Closure: A Historic Setback for Kolkata

On Monday, Britannia Industries Limited announced the closure of its historic factory in Kolkata’s Taratala neighborhood. This decision has sparked a political clash between the Bharatiya Janata Party (BJP) and the Trinamool Congress (TMC). The BJP accused the TMC of mishandling the state’s industrial environment, while the ruling party attributed the closure to the company’s internal management issues.

Historical Significance of the Britannia Factory

The Britannia factory in Taratala was established in 1947, making it one of the oldest in the company’s portfolio. As one of Britannia’s second-ever production units in India, it held immense historical value. Over the years, the factory became an integral part of Kolkata’s industrial landscape, providing employment to numerous local residents.

Political Reactions to the Closure

The closure of the factory has led to a war of words between the BJP and TMC.

  • BJP’s Stance: West Bengal BJP president and Union Minister Sukanta Majumdar criticized the state government. He stated, “Industry will not come in the presence of a party which always extorts, and there is an anti-industry image of the chief minister.” BJP IT cell chief Amit Malviya also blamed both the current TMC and previous Left regimes for the factory’s demise. He wrote, “Today’s shutdown of Britannia Industries’ factory starkly epitomizes the descent of Bengal.”
  • TMC’s Response: TMC leader Kunal Ghosh refuted the allegations, emphasizing that the closure was due to internal management issues within Britannia. “There are some own issues of their management of the respective industrial organization. Those who are mixing it with the overall industrial situation of the state are doing wrong thing,” he said.

Reasons Behind the Factory’s Shutdown

Britannia’s decision to close the Taratala factory is part of its strategic realignment aimed at optimizing production and enhancing operational efficiency. The factory ceased production last May, and the recent announcement confirms the complete shutdown of the facility. This move affects 122 permanent employees and approximately 250 contractual staff, many of whom have been with the factory for over a decade.

Britannia has issued closure notices to the affected employees, offering a lump-sum compensation package. Permanent employees with over ten years of service are promised Rs 22 lakhs, while those with seven years of service are set to receive Rs 18 lakhs.

Impact on Kolkata’s Economic Landscape

The closure of the Britannia factory has significant implications for Kolkata’s economy and its industrial sector. Here are the key takeaways:

  • Job Losses: The shutdown affects 372 employees, creating a sense of uncertainty and financial strain for many families.
  • Economic Shifts: The closure is indicative of broader changes in Kolkata’s industrial landscape, with many factories shutting down or relocating due to various challenges.
  • Community Concerns: Local communities are worried about the long-term economic impact and the potential decline in local business activities.

Key Quotes

  • Sukanta Majumdar: “Industry will not come in the presence of a party which always extorts and also there is an anti-industry image of the chief minister.”
  • Amit Malviya: “Today’s shutdown of Britannia Industries’ factory starkly epitomizes the descent of Bengal.”
  • Kunal Ghosh: “There are some own issues of their management of the respective industrial organization. Those who are mixing it with the overall industrial situation of the state are doing wrong thing.”

FAQs

1. Why did Britannia decide to shut down the Kolkata factory? Britannia decided to shut down the Kolkata factory as part of its strategic realignment to optimize production and enhance operational efficiency.

2. How many employees are affected by the closure? The closure affects 122 permanent employees and approximately 250 contractual staff.

3. What compensation is being offered to the affected employees? Permanent employees with over ten years of service are promised Rs 22 lakhs, while those with seven years of service are set to receive Rs 18 lakhs.

4. How has the political landscape reacted to the closure? The BJP has criticized the state government’s handling of industrial policies, while the TMC has attributed the closure to internal management issues within Britannia.

5. What is the historical significance of the Britannia factory in Kolkata? The Britannia factory in Kolkata, established in 1947, is one of the oldest in the company’s portfolio and holds significant historical value as one of its second-ever production units in India.

Conclusion

The closure of the Britannia factory in Kolkata marks a significant moment in the city’s industrial history. It highlights the challenges faced by the industrial sector in West Bengal and the broader economic shifts taking place. As the political debate continues, the affected employees and local communities are left grappling with an uncertain future. This event underscores the need for strategic planning and effective management to sustain industrial growth and economic stability in the region.

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Shankar Anand Jha
मिथिला के एकटा आम आदमी जे कोशिश करैत रहैत छैक जे मिथिला मे की सब कैल जा सकैत छैक विशेष क सुचना तकनिकी के उपयोग सं , ताहि कारण इ पोर्टल बना अपन भाषा अपन लोक आ अपन संस्कृति के निरंतर सुदृढ़ करैक एकटा छोट छिन प्रयास आ प्रयास जारी रहत |

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