Due to heavy rise in steel prices, 20-25 per cent of Ahmedabad-based engineering manufacturing units have either closed down or have been forced to diversify in the last two or three months.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
		google_ad_client = 'businessstandard';
		//google_ad_client = 'ca-businessstandard_js';
		google_ad_width = 200;
		google_ad_height = 200;
		google_ad_format = "200x200_as";
		google_ad_type = "text";
		google_ad_channel = "";
		//google_color_border = "FFFFFF";
		google_color_border = "F7F7F7";
		//google_color_bg = "FFFFFF";
		google_color_bg = "ffffff";
		//google_color_link = "639ACE";
		google_color_link = "0253B7";
		google_color_text = "000000";
		google_color_url = "D63431";
		//google_skip = adsenseSkip;
		</script> 
		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The industry is facing rough weather as their turnover has been down by more than 50 per cent. As a result, they cut production 

Engineering units close down due to rise in input cost

Also Read

Dudhsagar Dairy to invest Rs 225 crore for expansion

Dudhsagar Dairy in talks to purchase Delhi Milk Scheme

Karnataka SMEs build world-class trade centre

Micro hydel projects slow starters in Himachal

Firozabad glass units hit by credit, fuel woes

Explore News