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Sudarshan Varadhan

RPT-UPDATE 2-'Here and now': India's auto industry urges government action to fight slowdown

Sep 05 2019

NEW DELHI, Sept 6 India's top auto industry executives called for the government on Thursday to take urgent steps to revive a sector crippled by plunging sales, leading to hundreds of thousands of job losses and lower production.

'Here and now': India's auto industry urges government action to fight slowdown

Sep 05 2019

NEW DELHI India's top auto industry executives called for the government on Thursday to take urgent steps to revive a sector crippled by plunging sales, leading to hundreds of thousands of job losses and lower production.

RPT-FEATURE-India's economy suffers car crash, pain spreads to villages

Sep 04 2019

* India's auto industry sheds 350,000 jobs since start of year

India's economy suffers car crash, pain spreads to villages

Sep 04 2019

MANESAR, India The narrow lanes in Aliyar and Kasan villages in Manesar, an automotive manufacturing hub on New Delhi's southern outskirts, would usually be packed on Sundays with migrant workers employed at the nearby plants enjoying their day off, but not anymore. | Video

Auto companies in India cut more jobs, halt production to tackle slowdown

Aug 30 2019

(The August 22 story corrects paragraph 7 to clarify Bellsonica makes auto framework parts and adds co response.)

Fuel supply to Air India stopped at six domestic airports: sources

Aug 22 2019

NEW DELHI Jet fuel supply to state-run carrier Air India has been stopped at six domestic airports because of unpaid dues to fuel provider, Indian Oil Corp (IOCL) , three sources said on Thursday.

India's passenger vehicle sales drop at steepest pace in nearly two decades

Aug 13 2019

NEW DELHI India's domestic passenger vehicle sales in July dived at the steepest pace in nearly two decades, an auto industry body said on Tuesday, as a financing crunch deepened a crisis in the country's autos sector and triggered large-scale job losses.

UPDATE 2-India's passenger vehicle sales drop at steepest pace in nearly two decades

Aug 13 2019

* Passenger vehicle sales plunge 31%, steepest pace since Dec 2000

Exclusive: Tens of thousands losing jobs as India's auto crisis deepens - sources

Aug 06 2019

NEW DELHI Slumping sales of cars and motorcycles are triggering massive job cuts in India's auto sector, with many companies forced to shut down factories for days and axe shifts, multiple sources said.

Exclusive - India's biggest carmaker Maruti Suzuki cuts temporary jobs as sales plunge

Aug 02 2019

MANESAR/NEW DELHI India's biggest automaker, Maruti Suzuki India Ltd , said it had cut the number of its temporary workers to cope with a slowdown in auto sales, adding to the jobless problem in Asia's third largest economy.

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