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India's automobile production plunges to 28-year low in FY2020

Shahkar Abidi     calendar20 Apr 2020

With a YoY decline of 14.7% in FY2020, industry output dives to a new low and 'betters' previous low of 11% in FY1992 as a result of poor consumer demand, reduced production of BS IV products and shift to BS VI and finally the Covid-19 outb...

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