ர்ஸீ பார்கவா News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from ர்ஸீ பார்கவா. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In ர்ஸீ பார்கவா Today - Breaking & Trending Today
"Over the years, the price of the cars have been going up. Now the price has gone up so much that people are not able to afford cars, so the growth of the industry has come down to zero. To further increase the cost, especially when the income of people has not grown during the COVID period, the industry will further go down," Maruti Suzuki chairman RC Bhargava stated. ....
India’s top carmaker Maruti Suzuki slices production as lockdowns hit sales SECTIONS India’s top carmaker Maruti Suzuki slices production as lockdowns hit salesBy Ragini Saxena and Haslinda Amin, Bloomberg Last Updated: May 04, 2021, 04:14 PM IST Share Synopsis Maruti isn’t the only carmaker feeling the pain. Hero MotoCorp Ltd., the world’s largest producer of two-wheelers, halted operations temporarily at all of its manufacturing facilities in response to a surge in Covid cases last month, while Ashok Leyland Ltd. scaled down the operations of some of its plants, which are only expected to work for seven to 15 days in May. ....
Lockdowns, curfews will impact business, economy, says Maruti Suzuki head R C Bhargava freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Increase in localised lockdowns may have adverse impact on demand: RC Bhargava SECTIONS Share Synopsis Bhargava informed it is a positive that so far state administrations have allowed industrial units to operate while imposing restrictions to contain the pandemic, however, retail sales of vehicles is getting impacted. “If production is allowed but retail is not allowed, production will come to a stop after some time”, he added. Agencies Maruti Suzuki chairman RC Bhargava. While there has not been any significant impact yet on demand for passenger vehicles in the local market, if the spate of localized curfews/lockdowns spread across the country, it would have an adverse effect on the automotive industry, said RC Bhargava, Chairman at the country’s largest car maker ....
What do you think would be the impact of the curfew imposed by Delhi and Maharashtra governments? I am not at all convinced that things like curfews and the kind of lockdowns which the Maharashtra government has done are the right ways of dealing with the Covid situation. I do not think that actions which stop legitimate economic activities are at all necessary to curtail the Covid pandemic. Both these steps are in a sense an overreaction in trying to deal with the problem because there does not seem to be a clear understanding of the causes of the problem and the right solution to tackle it. The curfews and lockdowns will hurt a lot of people. They might temporarily impact the spread of pandemic but I do not think it is the right solution at all. ....