Most of the slowdown is automobile industry’s own making: Rajiv Bajaj
Most of the slowdown is automobile industry’s own making: Rajiv Bajaj Bajaj, however, acknowledged that it is a difficult time for the sector and said that the government should not make it worse by raising registration fees Current Affairs :- Taking on his partners in the car business who have been squeezing for government boost to hold over the stoppage, Rajiv Bajaj, overseeing chief at Bajaj Auto, said the car business should initially see its very own inadequacies. “The greater part of the vehicle lull is the business’ very own creation,” he stated, in a meeting with CNBC-TV18 on Thursday. As indicated by him, a 5-7 percent drop in retail deals in the bike fragments can’t be known as an emergency. He called attention to that organizations shouldn’t turn to “dread mongering” by discussing occupation cuts as worker pay rates represent only 4 percent of offers. Bajaj said that Indian auto items were fair contrasted with world gauges and that the division needs to ...