Explained: How auto sector slowdown may imperil thousands of units in Pune’s industrial hub | Explained News, The Indian Express

Explained: How auto sector slowdown may imperil thousands of units in Pune’s industrial hub | Explained News, The Indian Express

Written by Parthasarathi Biswas |Pune |Updated: August 20, 2019 9:49:07 am

Explained: How auto sector slowdown may imperil thousands of units in Pune’s industrial hub

With orders down by 20 per cent, it is now a question of survival for these units, which are an intrinsic part of the value chain of the district’s automobile cluster.

With orders down by 20 per cent, it is now a question of survival for these units.

The fear of an economic slowdown is not something new for the over 14,000 small and medium-scale industries which dot the industrial landscape of Pune and Pimpri-Chinchwad. With orders down by 20 per cent, it is now a question of survival for these units, which are an intrinsic part of the value chain of the district’s automobile cluster.