auto sector
Maruti plans to increase CNG vehicles by 50 per cent this year, Bhargava said.
Maruti Suzuki cuts 3,000 contract jobs
27 Aug 2019 1:29 PM

Auto sales declining for ninth straight month, more auto manufacturers are laying off workers and temporarily halting production.

Automobile industry creates a lot of employment in states, but a slowdown or fall in sales conversely generates unemployment.
State govts need to realise their role in promoting mfg in auto sector: RC Bhargava
27 Aug 2019 12:37 PM

The automobile sector accounts for 49 per cent of India's manufacturing gross domestic product (GDP).

Some reports suggest that upto 3.5 lakh automotive jobs in India have been cut since April 2019.
Top 8 reasons behind automotive industry slowdown in 2019
17 Aug 2019 9:52 AM

The current decline of the automotive industry can be credited to various factors.

The auto sector has been on a downhill since the past 18 months.
Auto gloom: More layoffs coming in temp, sales, R&D sides
14 Aug 2019 6:30 PM

The sector has already culled 3.5 lakh jobs since April.

The auto sector, which contributes more than 7 per cent of India’s GDP, is facing one of its worst downturns. (Photo: Representational/AP)
Tens of thousands losing jobs as India's auto crisis deepens: sources
07 Aug 2019 10:54 AM

Automakers, parts manufacturers and dealers have laid off about 350,000 workers since April.


2 of 2