COVID-19 impact on Indian automotive industry- Taking action in troubled times, Auto News, ET Auto

The India automotive industry has already seen difficult past few quarters and this pandemic led lockdown couldn’t have been more ill-timed.
The India automotive sector has presently viewed tough earlier number of quarters and this pandemic led lockdown could not have been additional unwell-timed.

By Rahul Mishra


The global pandemic brought about by the novel corona virus comes at time when both the Indian financial state and the automotive sector had been hoping for restoration. Whilst the GDP growth forecasts had been north of five.five%, COVID-19 may well end result in a damaging influence of one-two% on the anticipated growth rates. The complete magnitude of influence relies upon on the duration of ongoing lockdown and the influence brought about of this
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