Ola And Uber Main Reason Of Slowdown In Auto Industry

Ola And Uber Main Reason Of Slowdown In Auto Industry
Photo courtesy: News 18

The Finance Minister Nirmala Sitharaman has blamed the Ola and Uber for the decline in sale growth in auto industries. The increase in vehicles has led to decrease parking space and the time required to reach a place also increase far due to the traffic inspite of strict controls.
People has now no intention to drive far regularly rather prefer to hire a cab like Ola and Uber. It will be useless to blame the cabs for reduced sale in auto industries as people find it convenient and comfortable. Away from parking tensions, driving long distances regularly and above all the maintenance. So, if auto industry declines growth some other mode of growth procedure for the auto industries should be invited.

 

Source:News 18

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  • 13 Sep 2019
  • WerIndia

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