The "Save Visakha Steel Plant" movement has garnered significant support for several reasons:
Economic Importance: The Visakhapatnam Steel Plant (VSP) is crucial for the region's economy, providing thousands of jobs and supporting various related industries. Privatization threatens these jobs and the area's economic stability.
Historical Significance: VSP symbolizes decades of struggle and sacrifice for the people of Andhra Pradesh. Its establishment was a victory for the local community, making privatization an emotional issue.
Political and Social Solidarity: Various political parties and prominent figures, including actor Chiranjeevi, support the movement. This backing, along with support from multiple trade unions and local communities, underscores the plant's significance beyond just an industrial asset.
Fear of Exploitation: There is concern that privatization would lead to exploitation by private entities, focusing on profit over workers' welfare. Past privatization efforts have led to layoffs and reduced worker benefits.
Community and Worker Mobilization: The Visakha Ukku Parirakshana Porata Committee (VUPPC), a coalition of trade unions, has been organizing continuous protests and strikes to oppose privatization. These actions have brought workers and community members together to stand against the government's plans.
The movement highlights broader concerns about privatization policies and their impact on public sector units, making it a significant issue in the region.