The coronavirus has reduced the Indian automobile market. Due to the Coronavirus, goods coming from China have been banned. India imports 27 percent of auto parts from China. These autoparts arrive from China via sea route, but the Indian government has banned any import from China for the time being. Due to this, the situation of the recession in the automobile sector has become more serious.

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Due to the Coronavirus attack, vehicle sales in the country may fall by 25 percent in the current financial year (2020-21). A top official of MG Motor India said that despite the lower base effect of last year, this epidemic crisis will lead to a significant drop in vehicle sales in the domestic market. MG Motor India Chairman and Managing Director Rajiv Chaba said that this health crisis is expected to remain at the peak during April-June period.

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It is expected that the economy will move towards a new normalcy, limping in the July-September quarter. The main issue before the automobile industry and other industries will be how to increase the demand. Probably the customer will not be ready at that time. They will not buy a car. Chaba said that in such a situation the industry will need the support of the government.

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