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Can I read Auto Industry Challenges and Outlook on EtoBox?
Auto Industry Challenges and Outlook by Saharsh Saraogi is a document available to read on EtoBox.
What is Auto Industry Challenges and Outlook about?
Industry volume growth slowed from 14.2% in 2017-18 to single digits in 2018-19, and then declined as the year ended due to rising fuel costs, weak rural demand from poor monsoons and falling farm prices, slower commercial vehicle sales due to GST and higher load limits, and constrained financing from liquidity issues at NBFCs following the IL&FS defaults. To help the industry, the finance minister announced some stimulus measures, but their impact may be limited, and more substantial measures like GST cuts
- Author
- Saharsh Saraogi
- Language
- EN