#EXCLUSIVE - Gadkari to meet auto sector captains on 3 Aug for THESE issues; watch out for Bajaj Auto, Maruti, Ashok Leyland, expert says
Two important issues that are likely to be discussed is CAFE-2 and BS-VI Phase-2, Bhutani said. CAFE 2 or Corporate Average Fuel Economy norms which are defined by the Government so that the industry gives best products to the customers
Minister for Road Transport and Highways (MoRTH) Nitin Gadkari is likely to meet with the captains of the auto industry on 3 August (Tuesday) as the government turns its focus on this sector. In the meeting 2-3 important issues are likely to be taken up and this meeting is being seen as very important. Zee Business’ Chetan Bhutani has this exclusive report.
Bhutani said that the performance of this sector amid the ongoing Coronovirus Pandemic will likely be reviewed and discussed during the meeting. The discussion will be around the performance of specific segments including the passenger vehicles (PVs), Commercial Vehicles (CVs) and three-wheelers.
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HERE:He said that auto ancillary companies are also seeing good action. It has been an underperformer.
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