Cotton mill shut down for 20 years to reopen on Monday
Around 4,000 employees are looking forward to a chance to get their jobs back at the JK Cotton mill in Kanpur, which closed 20 year ago and will re-open on Monday. The JK Group officials informed that most probably, the mill, which will re-open on Monday, will start functioning in full-swing in the next three months, since it needs to go under several repairs prior to it.
The mill was shut down by the management in May 1989, when a strike was announced by the workers, the closing down led to loss of jobs for around 4,000 workers.
Director of the mill, PK Saraf reported, "It has been a dream of JK Group founder G H Singhania to restore the lost grandeur of Kanpur and give back the lost jobs to mill workers even at this time of recession."
Following an extensive maintenance and repair, the mill will restart producing fabric. Saraf also added that an amount of Rs 105 crore will be spent on its restoration.
In the meanwhile, it was informed by Sanjay Dubey, Manager of the mill that a registration counter will be opened in front of the mill for the former employees.
It was however, added by Mr. Dubey that the number of registered workers to be re-employed will be decided by the management later.