Did Parle Shut Down its Iconic Mumbai Factory Now After 87 Years?
Parle factory in Mumbai’s Vile Parle shut down in July 2016due a gradual decline in the production capacity.
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CLAIM
India's leading biscuit maker Parle Products might have cleared the air regarding reports of 10,000 job losses recently, but that hasn't stopped the Twitterati from talking about a purported closure of its oldest factory in Mumbai’s Vile Parle.
A post has been widely circulating on social media with the claim that 'India's oldest Parle factory in Mumbai shuts down after 87 years.'
An archived version of the post can be seen here.
The post was also shared by Congress MLA from Karnataka Krishna Byre Gowda and RJD MP Misa Bharti with the same claim.
An archived version of the post can be seen here.
An archived version of the post can be seen here.
WHAT IS THE TRUTH?
The iconic Parle factory in Mumbai's Vile Parle shut down three years ago in July 2016, after functioning for 87 years, due a gradual decline in its production capacity and productivity. Therefore, the shutting down of the factory is not a recent event caused by the current economic slowdown.
WHAT WE FOUND OUT
A simple Google search with the key works ‘Parle factory shut down Mumbai’ led us to multiple news reports dated back to July 2016.
According to reports at that time, Parle's decision to shut its Vile Parle factory came due to very low productivity at the time.
Set up in 1929, it was the first factory manufacturing Parle products.
Interestingly, the company borrowed its name from the area Vile Parle and not the other way round as many would presume.
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