MCE Industry | The Asian Age

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MCE industry

Experts are of the view that while a revival in demand is expected during CY2020 to about 5-10 per cent, the October 2019 (post which production of BS III vehicles are not allowed) transition to the next emission norm is a potential headwind given the changes in the equipment and its substantial cost implications.

Liquidity crunch hits MCE industry

Demand slowed down from Q1 CY2019 in light of the general elections which took place in Q2 CY2019.

30 Oct 2019 1:13 AM

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