The truckers strike hits production, exports: SIAM automobile industry body



[ad_1]

The strike began on July 20, just days after Amazon.com Inc. and Flipkart concluded their annual sale.

The truckers' strike in India disrupted production and sales of vehicles in the country, as well as exports. in losses for automakers, an industry body said Friday. The Society of Indian Automakers (SIAM) said its members were facing an "unprecedented crisis" as the strike affected the movement of vehicles and components.

"Many national consignments are held back on the roads, which disrupted supply SIAM's deputy general manager, Sugato Sen, said in a statement

that the All India Motor Transport Congress (AIMTC), a carrier organization that staged the strike, is demanding a reduction in federal and state diesel taxes by bringing fuel into the scope of the National Goods and Services Tax (GST).

The strike began on July 20, just after Amazon.com Inc. and Flipkart concluded their annual sale.

SIAM members include Maruti Suzuki India Ltd., Tata Motors Ltd., Mahindra and Mahindra Ltd. and Indian units of Hyundai Motor Co., Toyota Motor Corp and Ford Motor Co. among others

© Thomson Reuters 2018

[ad_2]
Source link