Coronavirus impact on auto industry

Auto Component

March 31, 2020, 14:01 IST

Like the OEMs, auto component manufacturers too have been facing difficulties due to the Coronavirus outbreak and the lockdown imposed because of that. The Automotive Component Manufacturers Association (ACMA) has estimate that the Indian auto parts maker industry is facing around Rs 1,200 crore production loss every day due to the current crisis.

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