Top officials at two-wheeler makers said they have seen an encouraging response with a steady increase in inquiries and sales
Balance-sheet squeeze makes purchase of trucks impractical, they say
Top executives at auto, tractor and consumer packaged goods firms are optimistic. They are betting on the reverse migration of labourers boosting consumption and prediction of a favourable monsoon.
Manufacturers have sent out SOPs and norms dealers must follow before starting operations; Maruti and Hyundai have already opened a few outlets, others are awaiting permission
Dealers located in green zones as specified by the government are applying for permission under the Shops and Establishments Act to reopen their showrooms.
An already battered set of companies are battling the pandemic through a burst of activity online, hoping to keep their brands on the road after the lock down
Amid shuttered dealerships and deserted roads, leading car brands including Mercedes Benz, Honda Cars, Volkswagen, and BMW have embarked on campaigns and dedicated online portals
Restaurants brace for price hikes through menu revision after lockdown
A spokesperson for Zomato said a few of its restaurant partners did reach out to list themselves on the Zomato Market as they were busy restructuring their businesses due to the lockdown.
How can governments and health agencies drive lasting lifestyle changes to combat Covid-19?
Supply chain glitches and unavailability of labour also a deterrent
The lockdown has completely disrupted the supply chain. Fearing police harassment and scared of the unknown, several truck drivers and migrant labourers have left for their native places
With social distancing becoming the new normal, hotels such as Indian Hotels, Marriott, Grand Hyatt and Accor Group Hotels are ensuring their meals reach the doorsteps of guests.
The market that feeds the Mumbai Metropolitan Region and several parts of Maharashtra has been shut since the announcement of the 21-day lockdown.
Dealers are hoping their petition will be heard this week, though sources said it was unlikely to come up before March 31
Some 500,000 drivers and helpers have been left high and dry across the many state borders because of lockdown, suggest estimates by the IFTRT
Unable to take the losses, some like Ferns Hotels & Resorts have already decided to bite the bullet on salary cuts
The only reprieve for transporters in the near to medium term is a bumper rabi crop, the harvesting of which has begun.
Following the deal, Kubota will have right to nominate two non-executive board members on the board of Escorts
MG has a backlog of 17,000 units to deliver, and a few thousand buyers have been waiting since July, said Chaba, adding that despite the long wait, the company hasn't seen many cancellations