A big Q is what is going on in the minds of the captains of Auto industry? This comes to the minds of every analyst because the Auto Expo 2020 in Noida is just round the corner. & we are seeing lesser participation in this from the Indian stalwarts.
The rising costs, reduced demand & global challenges has been affecting Indian auto industries for some time now. The lesser participation of Indian industry however means a free run for Chinese automobile industry which is sensing big markets here.
The lesser participation of Auto Industry captains surely sends a SOS signal to the policy makers in government to act swiftly in the interest of industry and economy. We, at Cartechnewz, will keep you updated on this on regular basis!!