Fire Destroys Assets Worth Rs 200 Crore At Spacewood Furniture Unit

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Readymade furniture, wood and imported ply worth Rs 200 crore were destroyed in a major fire at Spacewood — one of India’s leading furniture manufacturing units — situated at Hingna MIDC area in Nagpur.

As per report from company official, the fire originated from the factory’s painting section. Before anyone could take action, the fire took a devastating turn and engulfed the other units inside the 21-acre premises.

With hundreds of workers inside the factory, the management acted swiftly and evacuated them safely. “None of the employees was injured due to the fire,” the official said.

While some employees tried to douse the fire, there were others who switched off the power supply but in vain. In no time, the fire took a devastating turn. Huge stocks of wood, foam and other inflammable material added fuel to the fire, as per report. Raw material and machinery, mostly imported, too were completely damaged, said the official.


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