Second COVID-19 wave likely to pose risks to domestic auto demand: IndRa
The demand for commercial vehicles (CVs) may revive in the second quarter of 2021-22 as economic activities improve, and also due to the lower capacity in the system after consecutive double-digit decline in 2019-20 and 2020-21, India Ratings and Research said
PTI | April 24, 2021 | Updated 08:45 IST
The second wave of COVID-19 could pose downside risks to the domestic auto industry demand in the near term, a report said on Friday.
The demand for commercial vehicles (CVs) may revive in the second quarter of 2021-22 as economic activities improve, and also due to the lower capacity in the system after consecutive double-digit decline in 2019-20 and 2020-21, India Ratings and Research (Ind-Ra)said in the report.
Second COVID-19 wave likely to pose risks to domestic auto demand, says IndRa
The demand for commercial vehicles (CVs) may revive in the second quarter of 2021-22 as economic activities improve, and also due to the lower capacity in the system after consecutive double-digit decline in 2019-20 and 2020-21, India Ratings and Research said
PTI | April 24, 2021 | Updated 08:41 IST
The second wave of COVID-19 could pose downside risks to the domestic auto industry demand in the near term, a report said on Friday.
The demand for commercial vehicles (CVs) may revive in the second quarter of 2021-22 as economic activities improve, and also due to the lower capacity in the system after consecutive double-digit decline in 2019-20 and 2020-21, India Ratings and Research (Ind-Ra)said in the report.