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Nitin Gadkari backs Nirmala Sitharaman on her millennial theory
Finance Minister Nirmala Sitharaman says millennials' mindset of preferring Ola and Uber has affected the automobile industry.
"The automobile and components industry has been affected by BS6 and the mindsets of millennial, who now prefer to have Ola and Uber rather than committing to buying an automobile," said Sitharaman while addressing reporters.
Earlier today, Sitharaman had stated that the government led by Prime Minister Narendra Modi has taken landmark steps in its second term for India to emerge as a five trillion-dollar economy in the next five years amid a domestic and global slowdown.
On skidding sales and job losses in the automobile sector, the minister said that the government departments have been allowed to buy new vehicles.
"The automobile and components industry has been affected by BS6 and the mindsets of millennial, who now prefer to have Ola and Uber rather than committing to buying an automobile," said Sitharaman while addressing reporters.
Earlier today, Sitharaman had stated that the government led by Prime Minister Narendra Modi has taken landmark steps in its second term for India to emerge as a five trillion-dollar economy in the next five years amid a domestic and global slowdown.
On skidding sales and job losses in the automobile sector, the minister said that the government departments have been allowed to buy new vehicles.
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