Publication Date: 2021/08/26
Abstract: The Two-Wheeler industry's troubles began well before COVID-19 appeared on the scene. The Indian Two-Wheeler industry has been in trouble since mid-2018. The crisis started with a slowdown in production, which was aggravated by NBFC defaults. This resulted in a month-over-month decline in revenues. The COVID-19 pandemic has swept into nearly all Two-Wheeler markets. The auto industry has been hampered by a combination of demand and supply problems. There are, nevertheless, some beneficial effects. COVID-19 has brought about two good developments. The “Make in India” effort is being forced to invest heavily due to the China supply chain shock. The COVID-19 problem has shown flaws in the car industry's business strategy
Keywords: Two-Wheeler, Covid-19, Market, Demand, Supply
DOI: No DOI Available
PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT21AUG482.pdf
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