Ludhiana, May 21 -- Goods and machinery worth nearly Rs.60 lakh were destroyed in a fire that broke out at a hosiery manufacturing unit in New Madhopuri on Wednesday morning, officials said. No casualties were reported in the incident.

The blaze erupted around 8.30 am at AV Knits and Apparels, prompting a swift response from the fire brigade, which managed to contain the flames before they could engulf the upper floors of the building.

According to fire officials, three fire tenders were deployed for the rescue and firefighting operation, which began around 8.50 am and continued for over an hour before the fire was brought under control by approximately 10.15 am.

The factory comprised a basement and two upper floors. Officials said the...