Posts tagged "udyambag"

Belgaum industries in bad shape: tough times ahead

Posted on December 25, 2008 by Editor in Business No Comments

The nightmare of global economic downturn has knocked at the doors of industries in Belgaum. Recession has taken away lively hood of many people and even a few have closed down their establishments. Around 1500 small and large industries have shut shop and many working in there have fled Belgaum. The future looks gloomy for [...]

View Post belgaum, industries, recession, udyambag

Recession hits Udayambag

Posted on November 27, 2008 by Editor in Business 1 Comment

Just ten months ago, small scale industries, mostly ancillary units, in industrial estate Udayambag were busy meeting the orders from other industries. But now most of them have either stopped or working with skeletal staff, all because of global economic recession. A large number of industries have decided to cut down the number of [...]

View Post belgaum, Business, industries, recession, slow down, udyambag