This is the time Indian auto industry should change, Auto News, ET Auto

Q. What is the effect of the coronavirus on the car or truck market?

The way we make and market vehicles will adjust. The importance of a car or truck will not disappear in the new economic atmosphere. And the developments that are reworking the sector before the coronavirus situation (this kind of as linked and autonomous systems and protection capabilities) will be additional vital than at any time.

We are looking at additional fascination from non-entrepreneurs, who see a car or truck as (a indicates for) reducing the resource of infection. About 72% of non-entrepreneurs exhibit a strengthened car

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Industry Experts show the Way Forward for Indian Auto Dealers, Auto News, ET Auto

New Delhi: In India, there are about thirty,000 furthermore dealerships covering 750 districts, in accordance to Federation of Car Dealers (FADA), who are still left stranded in a susceptible condition because of to the marketplace-extensive slowdown which started out in 2018 swept by the air of uncertainty coming from multiple restrictions. The problem has been further aggravated by the novel coronavirus outbreak.

In a reside panel dialogue ‘Way Ahead for Dealers in Covid-19 Crisis’ executed by ETAuto, eminent marketplace gurus deliberated how sellers finished up in a debt-stricken and susceptible place, even as they are staring at a complicated marketplace

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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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Who owns the Indian Component Industry, Auto News, ET Auto

New Delhi: Even prior to India opened up its financial system in 1991, a revolution in its automotive market experienced brought on the dawn of economic growth in the region, according to economic historian J Bradford DeLong. He even argued that for the duration of this eighties, growth in India’s gross domestic item was quicker than in the adhering to 10 years.

That was the time when the Indian automotive market was having on to its ft and discovering to wander, with two younger firms — then termed Hero Honda Motorcycles and Maruti Udyog — joining the club of Tata

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Indian EV Industry Looks for a Way Around Covid-19, Auto News, ET Auto

Startups that cannot procure large quantities of cells and electronics components have already run out of stock, people in the know told ET.
Startups that can not procure big portions of cells and electronics elements have currently run out of inventory, individuals in the know explained to ET.

Bengaluru | Mumbai: India’s fledgling electric powered automobile (EV) marketplace may see growth stall on a shortage of lithium-ion cells and crucial digital elements, as the Covid-19 virus outbreak carries on to impression provide chains in China and East Asian international locations.

The car sector in India is forecasting a 10% slowdown in income because of to raw substance shortages since of the outbreak, but the hit on the EV sector is predicted to be

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