01
Oct
13:35
Indian auto outlook remains negative, with production risks
India Ratings and Research (Ind-Ra) has maintained a negative outlook for the Indian automotive sector for the second half of the fiscal year through March 2021 (FY21). This is on account of continued weak consumer sentiment and macroeconomic headwinds amid Covid-19-related disruptions.
Supply-side risks continue to persist despite the end of the lockdown, given the swift spread of Covid-19 in tier-I/ tier-II cities where several plants of original equipment manuf…
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Anonymous
Very good overview of the weekly steel market.
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