Coimbatore: The truckers strike which concluded last night has jeopardized the garment and coconut products businesses in Coimbatore district worth Rs 600 crores in the district. As per the industry sources' rough estimate, knitwear and garments valued at Rs 400 crore booked for various domestic and international markets were lying idle in the factories in the neighbouring town of Tirupur.
Grey fabrics valued at over Rs 80 crore were lying in godowns in Avinashi and Somanur and the powerloom operators were desperate and were praying for the government to find a solution to end the truckers' strike.
Coconut and related products like copra and oil stocks to be dispatched to different markets in Tamil Nadu and other states were piling up in Pollachi, Udumalpet and Kinathukadavu.
Despatch of tea from Valparai had also been hit by the strike
Sources said that business losses to the tune of about Rs 100 crore has occured and about one lakh workers were sitting idle since there was no job due to the strike.