LPG shortage threatens 50% of Mumbai hotels with shutdown
The LPG shortage is threatening 50% of Mumbai hotels with potential shutdowns due to supply disruptions since March 5. Similar challenges are reported in Pune, Aurangabad, and other regions, raising concerns for the hospitality sector.
pre-market1 source ↓written by the desknot a recommendation
- in Mumbai
- 50% of hotels
- been noted
- 5 March 2023
The ongoing LPG shortage is jeopardizing 50% of hotels in Mumbai, as reported by the Federation of Hotel & Restaurant Associations of India. Significant disruptions have been noted since 5 March 2023, with suppliers halting deliveries across major cities including Pune and Nagpur. This crisis could lead to temporary shutdowns if supply does not stabilize soon.
• Severe supply interruptions reported
• Confusion among suppliers and distributors
• Similar challenges faced in Andhra Pradesh and other regions
Immediate implications for the hospitality sector are concerning as operations struggle to continue amid these shortages.
Not investment advice. For informational purposes only.