FILE PHOTO: A worker climbs a container to close its window after unloading cars at a warehouse on the outskirts of Ahmedabad February 11, 2013. REUTERS/Amit Dave/File photo
That compares with a peak of more than 26 million units in the fiscal year 2018-19 before a slowdown in consumer demand last year pushed auto sales 18% lower to 21.5 million. India went into lockdown in late March to prevent the spread of the novel coronavirus, forcing automakers to suspend manufacturing. While production has resumed, with restrictions, plant utilisation levels are low at 20%-30%.
aditishahsays Chandini2594 Too bad a situation.
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