politicodiary

Some are rejoicing the shift of business from China to India and some are jittery about the whole break of the pandemic also. Indian automobile giants like Mahindra & Mahindra Co. (M&M) as well as Tata Motors have cried out loud over the growing unavailability of important Chinese components due to the raging corona virus. Releasing an official press release, the Chief of Sales and Marketing at M&M’s automotive division, Mr. Veejay Ram Nakra, has declared that “Going into March, we anticipate the challenge on parts-supply to continue for another few weeks, before we get back to normalcy.” Tata Motors too has expressed concerns over supply disruptions from China. Sales figures are also seeing a steep drop due to unavailability of important components. While M&M reported a steep 42 percent drop in domestic sales, Tata Motors has reported a drop of 34 percent Maruti Suzuki said its total domestic sales were down by 1.6% in February from a year ago. Indus...