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
Freedom Hyderabad 10K Run Announced
Freedom Hyderabad 10K Run Announced
Pooja Bhatt Joins Rahul Gandhi On Congress’ ‘Bharat Jodo Yatra’ In Hyderabad
Pooja Bhatt Joins Rahul Gandhi On Congress’ ‘Bharat Jodo Yatra’ In Hyderabad
Hyderabad To Double Treatment Capacity Of Hussain Sagar STPs
Hyderabad To Double Treatment Capacity Of Hussain Sagar STPs
List Of 6 Best Cafes In & Around Hyderabad
List Of 6 Best Cafes In & Around Hyderabad
Hyderabad’s Ramesh Races To Victory In C Devender Yadav Memorial Run
Hyderabad’s Ramesh Races To Victory In C Devender Yadav Memorial Run
Formula E Track To Be Ready By End Of November
Formula E Track To Be Ready By End Of November
Pride March To Be Held On Nov 13 After Gap Of 3 Years
Pride March To Be Held On Nov 13 After Gap Of 3 Years
Vendors Meet And Walkathon Organized At BDL
Vendors Meet And Walkathon Organized At BDL
Hyderabad Set To Get Three New Model Corridors
Hyderabad Set To Get Three New Model Corridors
Rahul Gandhi Storms Hyderabad
Rahul Gandhi Storms Hyderabad
Related Articles
French Engine Maker Safran to Set Up $150 Million Facility in Hyderabad
French Engine Maker Safran to Set Up $150 Million Facility in Hyderabad
Retailer Association Declares Hyderabad To Be Best For Ease of Business
Retailer Association Declares Hyderabad To Be Best For Ease of Business
Hyderabad Becoming Hub for Global Restaurants
Hyderabad Becoming Hub for Global Restaurants
This 24/7 Open Store Making Life Easy For Hyderabadis
This 24/7 Open Store Making Life Easy For Hyderabadis
Hyd-based Atirath Gets Funding From Kalaari Capital
Hyd-based Atirath Gets Funding From Kalaari Capital
Way2News Raises Rs 130 Crore in Funding
Way2News Raises Rs 130 Crore in Funding
Corporates Depending On Flytta for Asset Relocation
Corporates Depending On Flytta for Asset Relocation
Pista House All Set To Go Global
Pista House All Set To Go Global
Hotels, Restaurants Bounce Back After Pandemic Lull
Hotels, Restaurants Bounce Back After Pandemic Lull
Mouri Tech To Create 3000 Jobs in Hyderabad
Mouri Tech To Create 3000 Jobs in Hyderabad
City Turning Out To Be Data Centre Hub for Major IT Giants
City Turning Out To Be Data Centre Hub for Major IT Giants
Google's Second Largest Campus in Hyderabad
Google's Second Largest Campus in Hyderabad
E-com, Consumer Durable Companies Drive Warehousing Demand in City
E-com, Consumer Durable Companies Drive Warehousing Demand in City
Hyd-based Cyient Acquires Citec in Finland
Hyd-based Cyient Acquires Citec in Finland
Pharma Hub Hyderabad Attracts Further Investments
Pharma Hub Hyderabad Attracts Further Investments
Skootr All Set to Invest Rs 75 Crore in Hyderabad
Skootr All Set to Invest Rs 75 Crore in Hyderabad
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