Wednesday, October 28, 2009

Of recession and business concerns - status of the industries in Pune

A year after recession struck the world, things are looking better as the industries are recovering from the impact of the global meltdown. Sakaal Times checks on the status of the industries in Pune and India from the experts.

Positive Sentiments:

Although no organisation representing the industry has any figures available for the 7000 odd small and medium enterprise (SME)-strong Pimpri Chinchwad area or the general scenario of the industry, “sentiments are positive”, says additional director general, Mahratta Chamber of Commerce Industries and Agriculture (MCCIA), Anant Sardeshmukh.

Improving!

Suresh Mehtre, president of the Pimpri Chinchwad Small Scale Industries Association agrees that the scenario is looking up, but sounds a note of caution: "The situation is improving, but it is not so strong and it will take around six months, I would say for industries to find their foothold like before."

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