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MSME auto suppliers seek relief from carmakers as rising labour and input costs hurt
Small auto component suppliers are facing severe financial strain. They are urging major car makers to help manage rising wages, energy, and raw material costs. Suppliers also seek long-term partnerships over transactional deals. Industry bodies are pushing for faster price revisions and payments. This situation threatens the survival of many small businesses vital to India's auto sector.
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economictimes.indiatimes.com
MSME auto suppliers seek relief from carmakers as rising labour and input costs hurt
Small auto component suppliers are facing severe financial strain. They are urging major car makers to help manage rising wages, energy, and raw material costs. Suppliers also…
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timesofindia.indiatimes.com
'Auto demand healthy despite rise in input cost'
NEW DELHI: India's automotive industry is facing mounting pressure from rising commodity prices and global trade uncertainty, even as long-term demand and the shift towards…