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

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

Written by Parthasarathi Biswas |Pune |Published: August 18, 2019 4:39:42 am

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

Pune, Pimpri Chinchwad, Chakra-Talegaon, Ranjangaon and other industrial zones of Pune district are heavily dependent on the automobile original equipment manufacturers (OEMs).

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.