Maharashtra is estimated to contribute 15-20% to the country’s car and SUV sales. (Representative image)
NEW DELHI: The fresh Covid lockdown in Maharashtra has become a worry for the car industry, which fears that the recent boost in demand may be punctured, especially on the retail front.
Dealers too are worried and say that a prolonged period of shutdown may lead to closure of many car and two-wheeler retailers, many of whom are still to recover fully from the negative impact of the first lockdown of last year.
Maharashtra is estimated to contribute 15-20% to the country’s car and SUV sales and a reversal in demand in the state due to restrictions will disturb the resurgence of the industry, company executives told TOI.