The Indian auto-industry has been at it with the Government for a few months now – with different Ministries and Government bodies proposing varying diktats on one hand to the counter coming from the industry either in the form of aggressive public statements by its leaders or with the latter throwing up its hands after having pulled on the empathic chords of unemployment caused by some of…
India’s auto sector is reeling from a slowdown like never before. Passenger vehicle sales fell for eight straight months until June, and in May sales dropped 20.55% – the sharpest recorded fall in 18 years. Sales across categories, including passenger vehicles and two-wheelers were down nearly 19% in July 2019, according to data released by the Society of Indian Automobile Manufacturers (SIAM)…