Content creators mean business
Social media influencers are flipping the rules by first getting followers and then launching products and ...
File photo
The transition to BS-VI emission norms from BS-IV will pose challenges for the automobile industry with uncertainty of demand expected to be high in the second half of 2019-20, according to TVS Motor Co.
The Chennai-based company also said the growth in two-wheeler industry during 2019-20 is expected to be around 6-8 per cent over 2018-19 while stressing that any negative deviation from normal monsoon is a cause for concern.
“Majorly, industry will undertake a significant change in migrating from BS-IV to BS-VI emission norms commencing from April 1, 2020. Hence, in second half of 2019-20, BS-VI transition will pose some challenges and the company is gearing itself to meet the same,” TVS Motor Co said in its Annual Report for 2018-19.
It further said, “Uncertainty of demand due to upcoming emission regulation will be high in second half of 2019-20” and, therefore, “product readiness, supply chain readiness and dealership readiness will be crucial.”
Sharing its outlook with the shareholders, TVS Motor Co said higher year-end inventory across trade and higher product costs due to escalated commodity prices of last year, and advanced safety regulation implementation from April 2019 can impact the industry growth in the initial part of the year.
On the other hand, the company said the trend of increased crude prices and improved exchange to local currency is expected to aid export market growth, especially in oil-dependent economies.
“Consequently, the growth in the two-wheeler industry during 2019-20 is expected to be around 6-8 per cent over 2018-19,” it said.
“Changing trade policies of USA, Brexit and unforeseen challenges in Chinese economy can lead to escalation of uncertainty in global economic growth,” it said.
Social media influencers are flipping the rules by first getting followers and then launching products and ...
Paneer, once alien to the South, has found a lucrative market in Chennai
WPP agency Wunderman Thompson has launched its annual Future 100 report, lifting the lid on trends shaping the ...
Carriers claim that all measures — including pre-flight tests, cabin sanitisation and fresh air inflow — have ...
What filters should you apply when mining for under-the-radar small-cap stocks? Read on to find more
High valuation, intensely competitive landscape and small cap nature of the stock are key risks.
Amid choppiness, the benchmark indices slipped marginally; approach the week with caution
SBI Cards (₹1,032.7): Witnesses fresh breakoutBetween September and December last year, the stock of SBI Cards ...
A virus swept aside 2020 plans to mark the 250th year of the birth of Beethoven. We need the German composer’s ...
A mysterious new exhibit has been the centre of attraction at the gallery of Modern Art. This art work has ...
Tara was a curious little girl who loved to ask questions.She lived with her parents and her grandmother — ...
On the day the oleander baby was born, there was a steady, happy drizzle. Madhu woke up feeling unsteady. The ...
Social media influencers are flipping the rules by first getting followers and then launching products and ...
WPP agency Wunderman Thompson has launched its annual Future 100 report, lifting the lid on trends shaping the ...
Paneer, once alien to the South, has found a lucrative market in Chennai
The Flipkart kids playing adults are back — this time to push the home grown e-commerce marketplace’s grocery ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor