the government is reportedly thinking of coming to the industry’s rescue by airlifting parts for fuel-run and electric vehicles (EV).
For this, the ministry has reportedly consulted industry body Society of Indian Automobile Manufacturers.
A source close to the matter told Mint that the Indian automobile industry, including EV industry, will have to shut down its assembly lines if the components continue to be limited.
The automobile industry, across the world, has taken a hit due to the closure of factories in China amidst the coronavirus outbreak.
We have some concerns if the supply does not restart next week.”The Indian automobile sector is not the only one facing a shortage of components. | To read full story, visit https://startuparound.com/read/1583395307.5762832/Will-Airlifting-EV,-Automobile-Components-From-China-Revive-Slowdown??ref=audio_experience