CRISIL Ratings esearch has come out with its report on auto space. According to the rating agency demand recovery in the M&HCV and passenger car segments is likely to be gradual, due to limited flexibility of the government to stimulate demand. The increasingly uncertain business environment in Europe could also hurt export growth in the near term.
Proactive measures could ease near-term pressures on playersDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
