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
The survey found that almost 50% of the companies surveyed are projecting a salary increment of less than 8% for 2020-21 and only 8% companies are expecting to offer pay increases greater than 10%.
The study also dwells on consumer preference with regard to data privacy and the money Indian buyers are willing to spend on connected vehicles.
The size of the e-commerce market will grow at least sevenfold to capture 11.4 per cent of the retail market by 2026 from 3 per cent in 2017, says a Deloitte report
The survey is based on responses of more than 250 chief financial officers (CFOs), with revenues of their companies spanning from less than Rs 5 bn to more than Rs 100 bn