advertisement
There is no threat of job losses in the automobile sector and no reason for worry, Minister of State for Heavy Industries Arjun Ram Meghwal said in Rajya Sabha on Monday, 9 November.
“The automobile sector is presently in a transitional phase where it has to migrate to BS VI from BS IV by 1 April, 2020, the deadline given by the Supreme Court. We also have to move towards electric vehicles,” he said during Question Hour.
In a written reply, Union Heavy Industries Minister Prakash Javadekar said no closure of any automobile or ancillary manufacturing units has been reported in the past three years.
Passenger vehicle sales in India rose marginally in October aided by positive festive season sentiment and introduction of new models in utility vehicle space, just about managing to snap 11 continuous months of decline in sales, according to figures released last month by auto industry body SIAM.
(At The Quint, we question everything. Play an active role in shaping our journalism by becoming a member today.)