Small and medium scale industries in Pune have threatened to hit the streets if the state government decides to go on with their order of compulsory recovery of pending electricity bills. Sandeep Belsare, president of Pimpri Chinchwad Small and Medium scale industries association, said the steep increase in raw material prices and high electricity charges has almost undone the favourable business atmosphere sphere they were noticing post the unlocking.
The SME sector in Pune has witnessed good revival as bullish trends in terms of orders. As the automobile sector witnessed good growth, orders came in for the SMEs in the Pune region who form the vast ecosystem of the region’s industrial landscape.
