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Riding A Tractor To Get Out Of The Auto Ditch? Hold On.
Will tractors avoid the disruption that other auto verticals are facing? Even if it appears so, look deeper, writes Niraj Shah.
22 Aug 2019, 08:10 AM IST
Over the last few months, just like a long-incubating infection, the causes of India’s automobile slowdown have been coming to the fore. The unavailability of financing, waning millennial demand as a result of the rise of shared mobility, new emission norms, and the government’s push towards electric vehicles, added to the pressures of a weakening economy. The first-quarter earnings of almost all auto companies bear testimony to that...
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