Mahindra warns of job losses in auto sector, seeks government help
- A slump in sales is also triggering massive job cuts in the sector that employs 35 million people directly and indirectly
- M&M's heavy goods segment, which makes trucks and tippers, saw its worst growth in nearly six years
MUMBAI/BENGALURU : Indian automaker Mahindra and Mahindra Ltd (M&M) said on Wednesday it saw a "huge danger" of job losses in the ailing domestic auto sector, as it sought government intervention, including tax reductions to revive demand.
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