There is a stir in the country and abroad due to Coronavirus. The Indian auto sector (automobile industry) is apprehensive about the supply of vehicle components from China due to the spread of Coronavirus. But its real situation can be revealed only after a few days when the factories in China can start again. Society of Indian Automobile Manufacturers (SIAM), the Society of Indian Automobile Manufacturers (SIAM), has expressed this apprehension. With this, SIAM said on Monday that it is collecting data and information from its member companies and it will take a few days to analyze it.
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Simultaneously, SIAM Director General Rajesh Menon said, "It is too early to comment on this issue. With that, I can only say that there is a fear about it and everyone is waiting today because of the Chinese New Year After the holidays there is a possibility of opening the market from today. " Menon was questioned about the supply of vehicle components from China due to the corona virus. He was asked that if the supply of components from China is affected, then what will be the effect on the change of BS-4 to BS-6 which is going to be implemented in India from April 1? Menon said, "We will soon know the exact status of its effects and the possible implications. But one thing is clear that there is an atmosphere of fear about it. Clear information about how big this problem will be in the next few days."
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On going to the Supreme Court of Siam to extend the date of implementation of the BS-6 system as the supply of components was affected, Menon said, "It is too early. We have to wait for the decision of our member companies. The next two The situation may become clearer in three days. " He said that there are first, second and third tier suppliers in the auto industry sector and all these are yet to be known. SIAM member companies have contacts and when they have more data and information they will see what needs to be done. Also, when asked about the problem of the coronavirus, Kenichi, managing director and CEO of Maruti Suzuki India, he said that in the current situation no one knows anything. For your information, let us know that the spread of the coronavirus in China is having an impact on the global economy. Due to this, many factories have been closed there. So far the death toll from this epidemic has reached 1016 worldwide. With this, more than 4000 new cases have been reported. So far the number of patients infected with this virus has reached 42,600.
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