Tuesday, March 24, 2020

2-wheeler cos saddled with Rs 2,500 crore BSIV inventory March 23, 2020 at 03:05PM

As markets go quite due to severe restrictions over coronavirus, two-wheeler companies are left with BSIV inventory worth over Rs 2,500 crore with little hope around liquidating it, despite heavy discounts. Dealerships are shut, many states are under lockdown or curfew, and people have been instructed to curtail non-essential movement, reducing footfalls to nearly nil.

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