How does a national downturn affect a small, local market in this city? If we want to understand that, we should probably look at the Pudupet spare parts market. The nation-wide auto sector slowdown has hit the livelihoods of many traders at Pudupet, a second hand vehicle-parts market off Egmore. There has been a slump in metal prices due to the slowdown, a factor that has probably had the most damaging impact on the Pudupet traders. “There has been a steep fall in metal prices: Iron price has declined to Rs 16 from Rs 25 and aluminium costs Rs 63…
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