Ludhiana, Jan 02 (ANI): A massive fire broke out in a hosiery factory in Ludhiana city causing heavy losses, but no casualty was reported. Fifteen fire tenders were rushed to douse the fire which gutted the factory. The fire quickly spread through the five-storey building. Fire officials said no worker was inside the factory when fire broke out. Raj Kumar, a fireman, said it took around five hours to douse the fire. Owner of the factory, Rajiv Kumar said that the fire was massive and loss will be huge.