Mumbai, Feb. 19 -- The fire broke out on 18 February 2025, at approximately 3:00 PM in one of the furnaces at CIPL's facility in Dhabhel, Daman and Diu.

The blaze was quickly controlled with the assistance of local fire brigade teams, and fortunately, no casualties or injuries were reported.

The company has clarified that CIPL has adequate insurance coverage, including coverage under a loss of profit policy. Furthermore, CIPL has already informed the insurance company about the incident. The management is in the process of ascertaining the loss to submit to the insurance company.

Cello World is a prominent player in the consumerware market in India with presence in the consumer houseware, writing instruments and stationery, and molded ...