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Industry puts faith in ‘Make in India’ but sounds caution

Industry puts faith in ‘Make in India’ but sounds caution

Text & Photos: J Srikant Assocham’s 2nd World Auto Congress proved to be the coming together of all the stakeholder segments in the Indian auto industry, right from vehicle manufacturers and leading component makers to government officials who impact decision making in the sector, and industry experts. Rightly titled ‘Opportunities across the Value Chain,’ the event voiced the concerns and[Read More…]

FADA sounds ‘cautiously optimistic’ about industry’s future

Text : J Srikant The first victim of a downturn in the auto industry is not the OEM or the component manufacturer, but the dealer. A drop in vehicle sales adversely impacts the already tight margins of dealers. However, when the industry begins to revive, the dealers are the first to give an indication of change. Federation of Automotive Dealers[Read More…]