Name: Will Budget 2020 spur consumer demand for Auto sector?
Uploaded: 2020-03-17T08:52:02.000Z
Duration: 2 min 44 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

one of the longest budget speeches that I have ever hard.

But how much does it offer for the automotive industry?

Otto and I will decode the budget for automotive industry one of the florist demand that we have experienced not to industri.

In last two decades, while the consumption level has been going down, overall economy has been reeling under pressure.

Automotive industy was certainly looking for some positive change in this body.

The first thing they wanted was liquidity on cash in the hands off the bias.

But has union Finance Minister really lived up to this expected off course?

If we look at the announcement on the cut in the back slaps, this was.

But if you look at the optional gave yet here, we'll have to think it over.

How much really isn't going to give cash at the hands of people?

Secondly, the industries on the crossroad of transition there was huge need for improving our Andy in Indian automotive industry.

There has been no announcement on better deduction on already automotive space.

The other big challenge that automotive industry has been facing off pollution on then there's some kind of stimulus that could have been wearable.

We have been waiting for this policy for quite a long time but will not see any mention off this policy either.

In the union, by way, know that the industry is moving through our be a six knots that will into the cost of vehicle by 10 to 15% and also in June this year, there's going to be a new safety non that will further increase the cost of repetition of the vacants toe push.

In this kind of impact, there was an expectation that there should be a recommendation to bring down GS your vacant, at least for certain that would let the demand will probably.

But we do not see any off these things coming up in the butt.

 But there are some positive as the butter focuses on rural area farmers. 