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Signs of green shoots in PVs, two-wheelers: Exide CEO Gautam Chatterjee

Many OEMs have registered improved sales vis-a-vis the past couple of months, and these bring back a sentiment of resolve to the sector, he said

Gautam Chatterjee, MD & CEO, Exide
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MD & CEO Gautam Chatterjee said many OEMs have posted improved sales vis-a-vis the past couple of months

Ishita Ayan Dutt Kolkata
Exide Industries — a market leader in batteries for auto original equipment manufacturers (OEMs) and aftermarkets — on Tuesday said at the company’s annual general meeting (AGM) that signs of green shoots were visible in passenger vehicles and two-wheelers segment.  

“The automobile sector was not performing at desired levels for the past two years. A similar situation continued during the nationwide lockdown. However, signs of improvement in demand are visible, particularly in the low-cost car and two-wheeler segments. There is an expectation of improved demand for the automobile sector in the upcoming festive season,” said Gautam Chatterjee, managing director (MD) and
Topics : Exide