by AIP Online Bureau | Feb 11, 2022 | Eco/Invest/Demography, Indian News, Non-Life
“Sales in January 2022 again declined compared to January 2021, due to both Omicron-related concerns and semiconductor shortage. There is clearly a demand issue for two-wheelers due to lower rural off-take of entry level models,” Society of Indian...
by AIP Online Bureau | Dec 10, 2021 | Eco/Invest/Demography, Indian News, Non-Life
”Industry continues to face headwinds due to global semi-conductor shortage. In the festive season, industry was hoping to make up for the lost ground, but the sales in the month of November 2021, were the lowest in seven years for passenger vehicles, the lowest...
by AIP Online Bureau | Nov 12, 2021 | Eco/Invest/Demography, Indian News, Non-Life
“Manufacturers were banking on the festive season to recover from the severe drop in sales they have faced in the early part of the financial year 2021-22. However, shortage of semiconductors and steep hike in raw material cost have been a major spoilsport for...
