India's COVID-19 Wave Hinders Auto Industry

NEW DELHI--June 16, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--India's automobile industry, a major contributor to the country's GDP and employment, has been weakened by the COVID-19 crisis for the second consecutive year. As per the Society of Indian Automobile Manufacturers' (SIAM) estimates, the auto industry lost money for every day of closure during lockdown.