Thursday, December 8, 2016

Cash crunch puts brakes on auto sector growth

Hit by the demonetisation hurdle, the fast-growing automobile sector in the country has posted a decline — the first this year — of about 5% in November.

Commercial vehicles, two- and three-wheelers all posted a decline. This was the steepest in the past 44 months. The sector had dec...

Read full post here:
https://skpsoft.com/business/cash-crunch-puts-brakes-on-auto-sector-growth/

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