SC diesel ban is a temporary phase: Arun Jaitley

Is of the opinion that the car market is large enough for manufacturers to survive the sales slump

Overdrive May 31, 2016 17:15:08 IST
SC diesel ban is a temporary phase: Arun Jaitley

Arun Jaitley has recently stated that the SC diesel ban is in a transient phase and the Indian car market is large enough not to adversely affect the auto companies. Jaitley is currently in Japan for six days in an effort to bring Japanese investors into the country. He is scheduled to meet Osamu Suzuki, chairman of Suzuki Motor, the biggest Japanese investor in automobile sector in India.

In his statement, Jaitley said, “I think the Indian auto sector is extremely comfortably placed. This is all transient phase which happens and I...

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