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Indian manufacturer claims $11.7m from insurer for flood damage

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India-based manufacturing firm SRF Ltd. has filed a claim worth 800 million Indian rupees ($11.7 million) with an insurer for damage to its plant from the recent floods in Tamil Nadu, reported Business Standard citing the Press Trust of India.

The financial loss from the damage to the plant in Manali city is likely to be up to INR 200 million.

"The insurer has not released any payment against the said estimate of the damage," added SRF.

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