“The standard story is that no industry is at 100 per cent levels; FMCG and pharma were the first ones who sprung up because of requirement irrespective of lockdown as they fall into the essential category. These verticals recovered but not to 100 per cent; they also had their struggles in terms of manufacturing or last-mile delivery.
Chemical industry has also sprung back decently in May and June because chemicals are also required either in pharma or in FMCG. However, the auto industry is definitely a challenge for a little while and is not coming back so fast like other sectors. The entire chain in the auto is going to remain a challenge for a while whether it is a truck or car or two-wheeler. There will be a buying challenge at the consumer level. Probably, the sales of tractor and spare parts may not get impacted because of the agriculture and farm sector,” informed Aditya Shah, Executive Director, V-Trans India.