Demonetisation

Note ban puts the brakes on auto sales

“Demand holdback is significantly visible in the auto sector on account of discretionary spends and demonetisation, "Both lower base and new models introduced” had helped some passenger vehicle makers show growth, lending “a bright spot”.

Sridhar V.
Partner, Grant Thornton India LLP

This article apeared in The Hindu on 11th January, 2017.