Anatomy Of Auto Sector Slowdown
  • WebDesk BTVI
  • Aug 21 2019

The auto sector is the most visible face of the current economic slowdown due to the combination of various supply shocks like regulatory, tax, credit squeeze and weaker exports. Weaker consumer confidence and demand have also contributed to the slowdown. There are signs of deep structural factors leading to waning demand. Speaking with BTVI, Saugata Bhattacharya, Senior VP and Economist at Axis Bank, gives his views on the slowdown and the road ahead for the auto sector.