Automobile Sector
The automobile sector in India has been forced to stop key manufacturing activity and has led to a sharp drop in production and sales.
With most of the plants shut, big automobile manufacturing companies have announced pay cuts and are waiting for a decision on resumption of dealerships. RC Bhargava, an industry veteran, and Maruti Suzuki Chairman told about,
“how the automobile sector is interlinked with many other small sectors that manufacture key parts, which are then used for manufacturing vehicle components.”
Therefore, Bhargava like many others from the industry is urging the government to at least open a few dealerships to resume businesses. He also said that a package for the industry, especially for the ones at the bottom of the manufacturing chain, is necessary.
