Tag: troubled

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 previously noticed difficult previous couple quarters and this pandemic led lockdown could not have been far more ill-timed.

By Rahul Mishra

The global pandemic prompted by the novel corona virus arrives at time when equally the Indian overall economy and the automotive sector were being hoping for restoration. Whilst the GDP expansion forecasts were being north of five.five%, COVID-19 might outcome in a negative effects of 1-2% on the expected expansion charges. The absolute magnitude of effects relies upon on the period of ongoing lockdown and the effects prompted of this pandemic.

The onset of

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