GST relaxation, scrappage policy needed to lift Auto Inc: Soumitra Bhattacharya, MD, Bosch

This year, we are looking at two million units. HCV (heavy commercial vehicles) was 500,000 units, and now we are looking at a maximum of 200,000 units. Two-wheelers were at 25 million units and now we are looking at 12-13 million units. These are all ballpark numbers, but they are substantially lower.

from Auto-Industry-Economic Times https://ift.tt/2yERC4t