Sources said a stray spark hitting containers of inflammable chemicals in Saimpla Paints Ltd around 7.30 pm, when the owner, Rajan Kumar, and other employees were about to leave the factory, may have triggered the blaze.
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Aided by strong winds, the fire spread quickly. Mayor Sunil Jyoti, ADC (General), Girish Dayalan, and senior administrative, police and civic officials rushed to the spot. Sources said the entire factory was destroyed and the losses could run into several crores.