Firefighters have been able to completely extinguish the fire in a tyre factory in Gulbai area after more than 24 hours , reported Saturday.
Tyres and rubber worth millions of Rupees have reduced to ashes in the incident.
West Senior Superintendent of Police stated that an action could be taken against warehouse’s owner for negligence.
He also said that the security agency could not neglect an extortion angle to the story.
Two factories and a warehouse had caught fire in a day in Karachi on Friday that landed Fire Brigade department in hot waters for not being equipped adequately to handle such situation.
Read more: Massive fire takes down three places in industrial area of Karachi
Reportedly, the brigade has 25 firefighting vehicles for a city of over 20 million residents while the majority of its vehicles are out of order.
There have been many such incidents in the past in Karachi when factories have caught claiming lives and causing millions of losses.