Words don’t help sales, need action from govt, says R. C. Bhargava

Mr. Bhargava said he does not think the car industry will revive either with ICE, CNGs, biofuels or EV, unless there is an answer to the question of affordability.

Hitting out at the government over lack of steps to aid the automobile sector amid declining sales, Maruti Suzuki Chairman R.C. Bhargava on Wednesday said just statements on the importance of the automobile industry will not help with sales, and the government needs to take ‘concrete actions’ to make it happen. “We have been going through a situation where this industry has been declining over a long period of time and despite various people in the government, we just heard Mr. Amitabh Kant saying how he believes that the economy would only move forward, manufacturing could only move forward with automobile sector,” Mr. Bhargava said speaking at the 3rd Auto Retail Conclave, which was attended by Revenue Secretary Tarun Garg. He added that there have been a lot of statements made about the importance of the automobile industry, but in terms of concrete actions which would reverse the declining trend, he has not seen any action on the ground.