Auto Industry Slowdown: VECV's Vinod Aggarwal & Nitin Gadkari Discuss Economic Impact 🚗
Vinod Aggarwal of VECV highlights how commercial vehicle sales mirror economic sentiments, as Road Transport Minister Nitin Gadkari addresses industry slowdown and plans to engage with Finance Minister Nirmala Sitharaman.
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Road Transport and Highways Minister Nitin Gadkari today acknowleged the slowdown in the auto industry and said he would urge Finance Minister (FM) Nirmala Sitharaman to reduce goods and services tax (GST) rates on automobiles. Speaking at the Society of Indian Automobile Manufacturers' (SIAM) fifty-ninth annual convention, the minister also reiterated that the government has no plans to ban petrol and diesel vehicles. Vinod Aggarwal, MD and CEO, Volvo Eicher Commercial Vehicles (VECV) shared his views and outlook.
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Sep 5, 2019
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