auto sector
India's economy suffers car crash, pain spreads to villages
According to industry estimates, automakers, component manufacturers and dealers have laid off about 350,000 workers.
Stimulus package 'too little, too late' to prevent decline in auto sector: Fitch
Initial stimulus package is not enough to stop the decline in the automotive market, Fitch said.
Auto sector supports recycled aluminium
Better cost economics of recycled aluminium has supported its consumption in India.
Maruti Suzuki cuts 3,000 contract jobs
Auto sales declining for ninth straight month, more auto manufacturers are laying off workers and temporarily halting production.
State govts need to realise their role in promoting mfg in auto sector: RC Bhargava
The automobile sector accounts for 49 per cent of India's manufacturing gross domestic product (GDP).
Auto sector in a mess, govt needs to step in
It will be interesting to see what solution or incentives finance minister Nirmala Sitharaman offers to give a fillip to the industry.
Auto gloom: More layoffs coming in temp, sales, R&D sides
The sector has already culled 3.5 lakh jobs since April.
Tens of thousands losing jobs as India's auto crisis deepens: sources
Automakers, parts manufacturers and dealers have laid off about 350,000 workers since April.
The auto sector’s revival holds the key to India’s $5 trillion economy
The moderation in GDP growth to 6.8 per cent in 2018-19 clearly indicates the softer underlying momentum.
Reviewing exposure to auto dealers; will ensure industry do not suffer: SBI
SBI is one of the biggest credit providers to auto dealers and individuals (auto loans), the bank said in a statement.