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Podcast: businessline's State of the Economy Podcast
Episode: Overcoming challenges and the way forward for the Indian automobile sector
Description: In this episode of the State of The Economy podcast, Ronendra Singh interviews Manish Raj Singhania, the President of the Federation of Automobile Dealers Associations (FADA), to discuss the challenges and the future of the Indian automobile industry.Despite a slight decline compared to pre-COVID levels, the auto retail sales in May showed positive year-on-year growth across all vehicle categories, except for two-wheelers and commercial vehicles.Manish Raj Singhania, President of the Federation of Automobile Dealers Associations (FADA) highlights several challenges faced by dealerships, including inventory management, liquidity and financing, transition to electric vehicles, and...