Sivakasi fireworks industry struggles to stay afloat despite dominant market share
Sivakasi: Despite accounting for over 85% of India’s fireworks production, Sivakasi, the country’s fireworks hub, is facing an existential crisis. The Sivakasi firecracker industry has been severely impacted by various regulatory hurdles and economic setbacks. The ban on firecrackers in Delhi, coupled with restrictions in other cities, has significantly reduced demand. Additionally, the pandemic-led sales slump, the … Read more