Telangana pharma factory blast: Sigachi Industries says 40 people killed, announces Rs 1 crore ex gratia for each victim’s family

Sigachi Industries on Wednesday confirmed the tragic loss of 40 employees in a devastating explosion at its Pashamylaram plant in Telangana. The incident has sent shockwaves through the local community, raising concerns about industrial safety standards. Initial reports suggest that the blast occurred due to a chemical reaction, though authorities are still investigating the exact cause. In response to the tragedy, Sigachi Industries has announced an ex gratia payment of Rs 1 crore to each victim's family. This gesture aims to provide some financial relief to the grieving families, who are grappling with the sudden loss of their loved ones. The company has also pledged to support the affected families in other ways, including counseling services and assistance with employment opportunities for surviving family members. Local authorities have launched a thorough investigation to determine the circumstances leading to the explosion, with an emphasis on preventing future incidents. The state government has promised to enforce stricter safety regulations across all industrial facilities in the region. As the community mourns, there is a growing call for improved safety measures to ensure the well-being of workers in the state’s booming pharmaceutical sector.

— Authored by Next24 Live