Six sick CPSEs to be closed down; 61 in sick-room

The Government of India has moved Cabinet note which proposes to shut down as many as six sick state owned units namely; HMT Watches, Tungbhadra Steel, Hindustan Cables, HMT Charminar Watches & Hindustan Photo Films Ltd.

Out of 61 sick central public sector enterprises (CPSEs) 15 are expected to be taken up in the second phase for closure.