Auto industry expected to rebound in second half of FY21: Emkay – Times of India

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NEW DELHI: Near-term volume performance in the automobile industry is expected to remain under pressure, but is expected a rebound in the second half of the financial year 2020-21, led by a low base, pent-up, according to Emkay Global.

The manufacturing sector hit by the nationwide coronavirus lockdown forced auto firms to shut their production. Following the government’s guidelines,…