Auto industry seeks stimulus package from Govt
   Date :08-Aug-2019

AUTO industry leaders on Wednesday asked the Government for a stimulus package, including GST reduction on vehicles, for the sector which has been hit by an unprecedented slump in sales. In a meeting with Finance Minister Nirmala Sitharaman, industry leaders, including Maruti Suzuki Chairman R C Bhargava, M&M President - Automotive Sector Rajan Wadhera, who is also President of SIAM, along with representatives from components sector body ACMA and dealers body FADA drew attention to the challenges, including job losses, faced by industry.