Parliamentary panel suggests Franchise Protection Act for auto dealers: FADA
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Last Updated: Dec 22, 2020, 03:26 PM IST
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The Federation of Automobile Dealers Associations (FADA), which represents around 15,000 auto dealers across the country, in September advocated for the enactment of such a law in the country, after American cult bike manufacturer Harley Davidson announced its exit from India.
(Representational image)
Mumbai: A parliamentary panel headed by Rajya Sabha MP K Keshava Rao has recommended that the government should enact the Franchise Protection Act for automobile dealers in the country, industry body FADA said on Friday. It said that a fair competition Franchise Act will not only be a win-win for both the auto original equipment manufacturers (OEMs) and dealers, but will also be beneficial to customers in the long run, it said.
FADA bats for Franchise Protection Act suggested by Parliamentary panel
PTI
Mumbai |
Updated on
× A parliamentary panel headed by Rajya Sabha MP K Keshava Rao has recommended that the government should enact the Franchise Protection Act for automobile dealers, industry body FADA said on Friday. It said that a “fair competition Franchise Act” will not only be a win-win for both the auto original equipment manufacturers and dealers, but will also benefit customers in the long run.
The Federation of Automobile Dealers Associations, which represents around 15,000 auto dealers across the country, in September advocated the enactment of such a law, after American cult bike manufacturer Harley Davidson announced its exit from India.