Reportedly the Indian automobile sector is going through one of the worst slowdowns for the past 3 decades with the sales of both 2 and 4 wheelers falling down to double digits. Meanwhile the modi led government and Finance Minister Nirmala Sitharaman have been targeted from all quarters for the lackluster measures to revive the auto sector.

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Furthermore the icing on the cake was Nirmala Sitharaman's yesterday's statement and she said that the change in the mindset of 'millennials' who are now preferring Ola, Uber and metro instead of buying cars on EMI basis is one of the reasons behind the automobile industry slowdown. Apparently netizens across the country are taking to social media and mocking Nirmala's statement, by trending the hashtag "BoycottMillennials". One twitter user said "Millennials have stopped cooking at home because of Zomato and Swiggy".



Moreover another troll tweeted a meme with Baba Ramdev doing yoga and wrote, "Oxygen levels are dipping down since millennials are breathing Oxygen in the mornings." Further on the other hand, india's leading truck manufacturer ashok Leyland has reported a 70 percent drop in sales in August. Hero MotoCorp, india's largest 2-wheeler maker, reported a 20 percent drop last month and maruti Suzuki posted a 34 percent drop in sales


మరింత సమాచారం తెలుసుకోండి:

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SIBY HERALD

12/09/2019 01:30 PM