Automobile Sector Awaits Reforms

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  • As per reports of the Ministry of Heavy Industries, the automobile sector over the last four years has been plagued by a single-digit growth signifying a slowdown in sales.
  • Low domestic growth and failure of the government to translate into action the various announcements made by it have dealt a severe blow to the automobile industry.
  • The industry hopes the budget would give thrust on infrastructure spending that would benefit the auto-sector at large.
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