Biggest concern remains liquidity crunch: Vinkesh Gulati, FADA
  • WebDesk BTVI
  • Aug 16 2019

Vinkesh Gulati, Vice-President at FADA, talks about the suggestions made by the auto dealers’ body to the government in view of the auto slowdown. He says the most important suggestion was the GST cut on vehicles, but added that the biggest concern for the sector is liquidity crunch. He rules out claims that this is a cyclical slowdown and stresses that this time the factors have played out differently. He says the festival season is likely to bring some respite to the sector.