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Volume 4 Issue 6

June 2018

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title

IMPACT OF RESTRUCTURING ON CORPORATE SECTOR – A STUDY WITH REFERENCE TO COMPANY IN HOSUR REGION

Author(s):

C. Savitha

Keywords:

Abstract

Tamilnadu corporate are successfully running with many benefits, especially companies located in hosur region benefitted from low-cost labor inputs and supportive policy lending as well as an export-led growth model and a good match in a world of expanding trade. However, waning global trade and rising competition from corporate in emerging market economies such as Bangalore electronic city and Hyderabad have been posing significant challenges to the Hosur region companies. Some of the heavy industrial sectors that underpinned hosur past growth—for instance, spare parts making and assembling —are confronting uncertain prospects. As in other region, these and other industries—including the steel and petrochemical industries—have struggled with excess capacity. While hosur companies overall appear relatively healthy, some corporate appear to require restructuring. Against this backdrop, the authorities and corporate alike have stepped up efforts to restructure debt-distressed firms in multi-pronged ways. Corporate restructuring is a daunting task, however, given its substantial uncertainty arising from the business outlook and its impact on employment and business lines.

Other Details

Paper ID: IJSARTV
Published in: Volume : 4, Issue : 3
Publication Date: 3/1/2018

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