BIG AUTO’S EXPO WOES
Rajesh Menon, Director General, Society of Indian Automobile Manufacturers (SIAM), one of the main organisers of India’s biggest auto show, Auto Expo, heaved a sigh of relief on Sunday evening as the gates shut for the day. The weekend had passed off without a glitch with more than two lakh people visiting the show on the two days. The show could now be called a success. He had not taken it for granted, though.
“I can breathe a bit easy now,” Menon said on Monday morning. “The weekend has gone off well. We got the crowd we expected. It is all good.”
The intense slowdown in the domestic automobile industry – sales dropped 14 per cent in 2019 – the steepest ever annually in more than two decades, led to a number of dropouts this year. Regulars such as Honda Cars, Toyota and Nissan and luxury carmakers
