Speaking during the inaugural episode of the new M... moreSpeaking during the inaugural episode of the new Mint webinar - Pivot Or Perish - aimed at decoding the economic impact of the Covid-19 pandemic, Rajan Wadhera, president of the Society of Indian Automobile Manufacturers said that the industry is in dire need of a stimulus.
He said that such a move would also serve the government's interest, as the contribution of the automobile industry to Goods and Services Tax collection is to the tune of 1.5 lakh crore.