 "car, auto, manufacturing, firms, automobile")
Small and medium enterprises (SMEs) in the auto parts industry are expected to take a huge blow from Covid-19 pandemic-related developments in the current fiscal year.
The pandemic is expected to impact both supply and demand for the industry. The nationwide lockdown imposed till April 14 has brought production to a standstill, and will hurt even more if it is extended. And demand sentiment is expected to remain muted even when the lockdown is lifted.
Thus, the industry is likely to be impacted adversely in the first quarter, and to an extent in the second quarter as well, though things
