Traders Heartbroken As Numaish Gets Suspended Till January 10 | Nearby News
Home
Newsletters
Stories
Events
LifeStyle
Business
Administration
Politics
Entertainment
Startups

Hyderabad

Traders Heartbroken As Numaish Gets Suspended Till January 10
Traders from across India, who have set up their stalls at Nampally Exhibition Grounds, are in despair with the sudden announcement of Numaish suspension.
G
Guru Prasad
Hyderabad
Tue Jan 04 2022
share via :
Traders Heartbroken As Numaish Gets Suspended Till January 10
A -
A +

Traders from across India, who have set up their stalls at Nampally Exhibition Grounds, are in despair with the sudden announcement of the All India Industrial Exhibition suspension, known as Numaish, up to January 10 due to a rise in the number of Omicron cases in Hyderabad.


Several traders who brought goods from their states for sale at the 45-day Numaish fair are in the doldrums as they have to sit idle without any business till January 10. There are also doubts whether the exhibition will be opened after January 10, making their situation even more tragic.


Some traders from Maharashtra, Kashmir, and Gujarat, spoke to the media to express their pathetic situation about the sudden announcement. Some traders from Kashmir have set up stalls with shawls worth Rs 10 lakh. They set up the stall on rent by paying Rs 1 lakh to the society for 45 days. They will have to spend Rs 5 lakh towards expenditure including shelter, food, and salaries to staff. They say that they are unsure of what is in store; what if the government imposes restrictions even after January 10. They feel that society has to compensate for the loss by returning the rent for ten days.


Another vendor from Sholapur, who has set up a chappal stall with three workers to assist him in selling Rs 5 lakh worth of material, says he is heartbroken with this development. Ahmed from Kashmir has set up three dry fruit stalls with goods worth Rs 10 lakh and has paid Rs 2 lakh each for the three stalls. He also hired a dozen workers hoping to make a Rs 3 lakh profit during the 45 days of Numaish, but things look bleak for him now as Covid has ruined things.


While speaking to the media, All India Industrial Exhibition office-bearers said that the exhibition was suspended as per the Covid guidelines issued by the Telangana government.


Get your local newspaper delivered to your Email at 7am everyday
Select City
Select City

FOLLOW US

Traders Heartbroken As Numaish Gets Suspended Till January 10
Traders Heartbroken As Numaish Gets Suspended Till January 10
Latest Articles
Unwanted Third Wave Scuttles Travel Plans of Hyderabadis
Unwanted Third Wave Scuttles Travel Plans of Hyderabadis
Doosra Aims to Hit a Million Downloads By End of 2022
Doosra Aims to Hit a Million Downloads By End of 2022
Trident Hotel, Others Warned of Canceling Their Licenses
Trident Hotel, Others Warned of Canceling Their Licenses
Telangana's First English Medium School Getting A Facelift
Telangana's First English Medium School Getting A Facelift
Food Safety Officials Raid Vijetha Supermarket
Food Safety Officials Raid Vijetha Supermarket
Telangana Requests for Funds in Union Budget for Development Projects
Telangana Requests for Funds in Union Budget for Development Projects
Double Decker Buses Dream Coming True
Double Decker Buses Dream Coming True
T-Hub Start-up Eases Utility Bills Payment Process
T-Hub Start-up Eases Utility Bills Payment Process
Pullela Gopichand Invests In A Sports Start-up
Pullela Gopichand Invests In A Sports Start-up
Clock Towers Being Revived As Part of City Beautification
Clock Towers Being Revived As Part of City Beautification
Related Articles
Hiring Up By 53% in the Second Half of 2021
Hiring Up By 53% in the Second Half of 2021
‘RACE’ing into the Lucrative Market of EV Battery Swapping
‘RACE’ing into the Lucrative Market of EV Battery Swapping
Flytta, a One-stop Solution for Asset Relocation for Corporates
Flytta, a One-stop Solution for Asset Relocation for Corporates
COVID Variants Play Spoilsport for Wedding Business
COVID Variants Play Spoilsport for Wedding Business
Hetero Pharma Seals a Deal Rs 350 Crore Deal for 600 Acres
Hetero Pharma Seals a Deal Rs 350 Crore Deal for 600 Acres
Amazon Going to Set up its 3 Data Centres in Hyderabad
Amazon Going to Set up its 3 Data Centres in Hyderabad
Traders Heartbroken As Numaish Gets Suspended Till January 10
Traders Heartbroken As Numaish Gets Suspended Till January 10
Traders Hopeful of Good Sales During Numaish 2022
Traders Hopeful of Good Sales During Numaish 2022
Industry Leader Piramal Pharma Invests Rs 101.77 Cr in City-based Yapan Bio
Industry Leader Piramal Pharma Invests Rs 101.77 Cr in City-based Yapan Bio
Hyderabad-based Pennar Industries Hits Jackpot Worth Rs 582 Crore
Hyderabad-based Pennar Industries Hits Jackpot Worth Rs 582 Crore
Simply South’s Seven Pulaos is Back in Business
Simply South’s Seven Pulaos is Back in Business
MARS Petcare Invests Rs 500 Cr to Create More Jobs in Hyderabad
MARS Petcare Invests Rs 500 Cr to Create More Jobs in Hyderabad
Despite Pandemic Telangana's IT Sector Records Phenomenal Growth
Despite Pandemic Telangana's IT Sector Records Phenomenal Growth
L&T Infotech's New Delivery Centre for Digital Solutions in Hyderabad
L&T Infotech's New Delivery Centre for Digital Solutions in Hyderabad
Gubba Cold Storage Solutions Will Now Take up Food Storage
Gubba Cold Storage Solutions Will Now Take up Food Storage
Twenty Seven Hyderabad-based Companies In India's Top 500 
Twenty Seven Hyderabad-based Companies In India's Top 500 
Subscribe to our Newsletter
Get your local newspaper delivered to your Email at 7am everyday
Select City
Select City
logo
hi@nearbynews.in
Gachibowli, Hyderabad - 500032
nearby news © - 2022