Jobs of 10 lakh people working in the auto sector are in danger.The Automotive Component Manufacturers Association of India (ACMA), which represents the auto component industry that alone employs around 5 million people, has sought a uniform GST of 18 per cent for the entire automobile sector in order to revive the vertical which has now witnessed 10 months of continuous decline in sales. People working in this sector will have to search for new job avenues," she said.Priyanka Gandhi tagged media report on Twitter which said automobile industry fears that 1 million jobs could be at stake due to slowdown.
The silence of the BJP government on job losses, weakening trade and policies damaging the economy is most dangerous," Priyanka Gandhi claimed. "If the trend continues, the layoffs are inevitable and an estimated 10 lakh people could be laid off," he said. Priyanka Gandhi tagged the media report on Twitter which said auto parts industry is fearing that 1 million jobs could be at stake due to the slowdown. (Photo: File) New Delhi: Congress general secretary Priyanka Gandhi
China auto bearings factorys Manufacturers Vadra on Friday cited a media report to claim that jobs of 10 lakh people in the automobile sector were in danger and asserted that the BJP government's silence on job losses was "most dangerous".
ACMA president Ram Venkataraman had said considering the fact that the auto component industry grows on the back of the vehicle industry, a current 15-20 per cent cut in vehicle production has led to a crisis-like situation..Her remarks came after industry body ACMA on Wednesday said around 1 million jobs could be on the line if the prolonged slowdown in the automobile industry continues. Congress general secretary Priyanka Gandhi Vadra on Friday cited a media report to claim that jobs of 10 lakh people in the automobile sector were in danger and asserted that the BJP government's silence on job losses was 'most dangerous'