Primus In News
FY20 Was Slowest Growth In Last 7-Years For Indian Auto Sector: Primus Partners Report
05-01-2021
The year 2020 was even more challenging due to the catastrophic impact of COVID-19 on the market demand and consumer spending. Delays in auto parts delivery impacted the auto market at multiple levels from postponed new car model launches, shattered supply chains, financially drained SMEs, and dampened vehicle sales in H1, 2020. The effects continued partially in H2, 2020 as well, with unfulfilled order deliveries due to ongoing production slowdowns says a report by Primus Partners
Explore Related Insights
- Bullish on India's consumption, investors flock to fund retail sector startups
- Primus Partners Survey Reveals Optimistic Outlook for Viksit Bharat: Indians Express Confidence and 33 Experts Chart the Roadmap for Amrit Kaal
- Overdue Brand Reboot Aims to Rescue Air India's Battered Image
- Five-pillar plan to make India self-reliant in rare earth magnet production: Report