PANJIM: India’s automobile industry is one of the largest markets in the world and also a great sector for generating jobs and employment. With public transport system not up to the mark and the automobile loans coming easy, nowadays, owning automobiles have become the necessity for everyone.
However, despite all these, Indian automobile industry is facing one of its biggest slumps. Many of the dealers have even closed shops due to lack of sales. Much to the amusement of many, seasoned dealers are also unable to figure out the reason behind this sudden slump. Goa auto industry too is facing this de-growth and is hoping that the coming festive season will help them sustain from the ongoing losses.
