The industry has bottomed out; now growth is the only way ahead

,

Auto manufacturing giants like TATA Motors and Maruti Suzuki have already rolled out their new models to catch the market forces into determining what should happen with the industry and the trial rats have been the new staggering looking TATA Altroz and the Maruti Suzuki XL6 which have been selling well in the market, and now the burden on the sales isn’t on the companies for they are keeping a small inventory which though is increasing the delivery time but is ensuring that stocks that cost money and time to manage as well as invest are kept in check seeing the financial health of the sector.

The sector is an important contributor to the GDP of the country and has been shrinking in the past four fiscal quarters to unprecedented levels because the domestic drive to shore up cars on the road, and the latest news around the climate change in the world and how it is affecting different countries hasn’t helped the sales any bit, for the worse they have given the public an order to discard their notions of private transport in order to restore the balance of nature, which may be true in a minuscule percentage but isn’t worth the paper it is printed upon for it drives down the basic tendencies of humans to create and cater in the services regime of the world.

The industry has already bottomed off, and the shrinking has ended, thanks to a good sales during the festive season and now a lot of industry leaders feel that growth and revival of the sector is the only trajectory ahead to regroup the assets and create a growth platform for the country to perform on a world stage.

 

 

 

,

Author

Home Page

The winner of the title Mr. Pune 2009, Mr. Shreyas Tanna is currently the young, dashing, and dynamic CEO of a market research company called ResearchNReports in Pune. Fondly known as RNR, the company specializes in market research as well as industry analysis, and is closely associated with its parent company Absolute Market Insights (AMI). Mr. Shreyas Tanna began his corporate journey as the Head of Corporate sales & PR at RED Entertainment while pursuing his degree for MMS (Marketing) from the MGM College of Management, Mumbai. After accomplishing the tedious task of balancing his work and education, he further polished his skills in Corporate Sales, Public Relations, Channel Development, Global Client Engagement, Strategic Consulting, and Brand Development by working with HDFC Life and Researchmoz Global Pvt. Ltd. His dedication towards his work has even won him accolades such as the National Level Performer 2013 – HDFC Life and Mr. Research Moz 2015. A disciplined individual with a loving heart, he is often seen taking crisp walks with an engrossed look and a gentle smile within the premises of his company to interact with the various departments. And he will be usually followed by an adorable trail of his beloved trio of Shih Tzu babies proudly known as Gucci, Drake, and Paris. The most enticing thing that you will notice about this content and proud pet parent is his infectious positivity and the firm belief in his eyes, a reflection of his favorite quote, “LIFE IS BEAUTIFUL!”