India’s economy suffers car crash, pain spreads to villages

The narrow lanes in Aliyar and Kasan villages in Manesar, an automotive manufacturing hub on New Delhi’s southern outskirts, would usually be packed on Sundays with migrant workers employed at the nearby plants enjoying their day off, but not anymore.
These are hard times for an area dependent on the fortunes of companies like Maruti SuzukiNSE 2.54 %, the carmaker with the largest market share in India, and motorbike maker Honda Motor Co’s local unit. The auto and component makers in and around Manesar, have shed thousands of jobs.
tags:
Manufacturing