Job Losses In Auto Parts Sector May Rise In Q2: Nishant Arya, JBM Group
  • WebDesk BTVI
  • Aug 20 2019

Listed auto-components maker JBM Group expects inventory to clear out in the first half of FY20 and sees the second half inventory levels to be better due to pre-buying. Speaking to BTVI, its executive director Nishant Arya, said everything will start coming back on track by July 2020. He said auto sales slowdown has almost bottomed out, but job losses in auto components sector may go up a bit in the September quarter. Here's more.