Decoding the auto sector meltdown: Causes, effects and the way ahead
Updated: 13 Aug 2019, 09:02 PM IST
There is a crisis in India’s auto sector as India’... moreThere is a crisis in India’s auto sector as India’s domestic passenger vehicle sales fell for the ninth straight month in July. The trouble in the auto sector has led to massive job losses as well. Wholesales across categories declined by double-digits, barring three-wheelers. The downturn regarded by many as the worst ever to hit the Indian auto industry also poses a major challenge for the Narendra Modi's government.
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