Chennai:
The ‘Detriot of Asia’ is hit by the global recession as the manufacturing capacity of auto ancillary units in and around Chennai has come down by 30 to 40 per cent, according to additional industrial advisor, Ministry of Micro, Small and Medium Enterprises (MSME) S Sivagnanam.
Speaking to Express here after addressing the Cluster Level Intellectual Property Awareness Programme organized by Confederation of Indian Industry at the Ambatture Industrial Estate, Sivagnanam said that many of the small scale automobile component makers were working on three shifts but after the economic crisis they are now working on single shift.
He said this has resulted in many of the units struggling to pay back their dues to banks and also salaries to many of their employees.
“We have come out with suggestions and referred it to the state MSME secretary. He has assured us that the suggestions would be discussed by the MSME board before bringing it to the notice of state and Union governments,” he said.
He said a core group is already studying the suggestions put up by the association and the clusters.
He also said the printing clusters have also been hit by the depreciation of Indian rupee. “These clusters used to import machines from Germany by paying it in euros. “After the crisis, there has been a difference of Rs 40 per euro. Now the machine which they buy for Rs 5.25 crore, now costs them an additional Rs 2 crore,” he said. He also highlighted how the MSMEs in the plastic sector are hit due to the monopoly of one particular supplier in India.
No comments:
Post a Comment