Pragya Automobiles’ owner Ankit Mishra is in a quandary. At his factory in Delhi’s Okhla region, he can either buy raw materials at double the prices, close down until supplies are normal, or maintain a break-even level, that is, neither earn profits nor incur losses. At present, he has decided to stick to the third option. Several Indian businesses in sectors such as auto, pharmaceuticals and electronics, which are already under pressure due to the current slowdown, are likely to be squeezed further.