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Auto ancillaries and manufacturers in Chakan remain cautiously optimistic of demand uptick despite local challenges and sluggish sales

A summary of how demonetisation and inputs such as raw material, labour and credit costs have impacted businesses across 11 industrial clusters

Engineering, ancillary units struggle as demonetisation throttles demand and squeezes cashflows in Chakan

Though market sentiment and the general business environment has improved, key concerns remain unaddressed

The gloom in the automotive sector has put brakes on Chakan’s growth and silenced auto ancillaries in Aurangabad