What ails India’s auto sector? This reply by the finance minister sparked some high-speed trolling by India’s millennials.
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00:00Automobile industry in India did have its good times at least one and a half years ago,
00:24till one and a half years ago, till let us say two years ago.
00:27There was definitely a good upward trajectory for the automobile sector.
00:33Some studies do tell us the mindsets of the millennials who are now preferring not to
00:38commit an EMI towards buying an automobile, instead would prefer to have Ola and Uber
00:44and everything else or take the metro.
00:46So whole lot of factors are influencing the automobile sector.
00:50We are all seized of the problem, we try to solve it for them.
01:57It's not about flying, it's about falling.