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Auto Sector Facing Prolonged Slowdown: Jagdish Khattar

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September 6: Carnation Auto CMD Jagdish Khattar believes the auto sector is facing a prolonged slowdown, which is in line with what is happening in the country. The usually robust festive season is unlikely to see a big revival in auto sales this year, he says. “People do not make investment decisions based on the current environment,” he says, pointing out that no one is talking about opportunities presented by a weak rupee.