SteelMint

Category: CRC

  • Passenger vehicle exports down 58% in H1 FY21 on Covid-led disruptions

    Passenger vehicle exports down 58% in H1 FY21 on Covid-led disruptions

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    by

    Nikita
    in

    The COVID-19 pandemic led to the closure of plants and dealerships, thereby resulting in a significant drop of 57.52% of passenger vehicles (PV) in export shipments of major PV exporters during April-Sep of this current fiscal. The auto sector has been facing supply chain disruptions, curfews in cities and interruptions in International trade hampering dispatches…