Auto MSMEs battle to breathe amid lengthy lockdown, Auto News, ET Auto

More than 75% of the Indian component industry are MSMEs, majority of which are Tier-II and Tier-III players.
A lot more than seventy five% of the Indian component business are MSMEs, majority of which are Tier-II and Tier-III players.

New Delhi: With the swift unfold of novel coronavirus, the majority of the micro, little and medium enterprises (MSMEs)—particularly in the automobile sector—went into the disaster in a quite strong shape. The double-dose of lockdown has left them fervidly hunting for answers— how very long, how a great deal?

A lot more than seventy five % of the Indian component business are MSMEs, majority of which are Tier-II and Tier-III players that suppy parts and sub-assemblies to Tier-I players,

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