According to the Society of Indian Automobile Manufacturers (SIAM), demand has been clearly hit due to lower consumer sentiment and dealership closures. The Federation of Automobile Dealers has said that recovery this time could take longer than last year and has added that rural demand has also been hit this time around. To discuss this forward CNBC-TV18’s Parikshit Luthra spoke to Shashank Srivastava, Senior Executive Director of Sales & Marketing at Maruti Suzuki, Vinkesh Gulati, President of Federation of Automobile Dealers Associations of India, Deepak Jain, President of the Automotive Component Manufacturers Association of India and Yadvinder Singh Guleria, Director of Sales & Marketing at Honda Motorcycle and Scooter India.

Eid wasn’t the same this year for Faiyaz Ahmed Mir and his family. Unlike every year, celebrations were muted this year with Mir’s leather business coming to a standstill second time since March 2020.

When Kishore Indukuri, an IIT Kharagpur alumnus, understood that his passion lay in farming, he turned his back on his tech job with Intel in the US. Now, his Sid's Farm is flourishing with a revenue of Rs 44 crore.

The apex industry body said it has submitted a representation to the Prime Minister and a few other union ministers urging immediate support from the government to save the hospitality sector from imminent collapse