Economic recession in manufacturing units

Due to the ongoing global recession, the micro or the small industries in Tamil Nadu are affected by the economic meltdown. In the past recent years the city has emerged as the major hub for engineering industries, which consist of micro, small and medium engineering industries. These industries produce equipments from small spares to large machinery mainly for supplying to large engineering companies like Ashok Leyland, Maruti, Reliance, ISRO, BHEL etc. In this category the most affected are the micro industries.