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Prolonged Slowdown Latest News

  • SIAM has projected a de-growth outlook of anywhere between 25 per cent - 45 per cent for FY2021 and cannot see the situation recovering anytime soon. This will also take a toll on further investments in new technologies like advanced hybrid vehicles, electric vehicles and EV infrastructure among others.
    Auto Industry Could Take 4 Years To Get Back On The Growth Trajectory; New Investments Unviable: SIA