The epidemic caused damage to the auto industry for the second time, the sales of vehicles were very low in May

The epidemic caused damage to the auto industry for the second time, the sales of vehicles were very low in May

Federation of Automobile Dealers Associations (FADA) has released the monthly new vehicle registration data for May 2021. The industry collectively registered 5,35,855 registrations last month, which is a decline of 55 per cent as compared to the month-on-month (MoM). In April 2021, 11,85,374 vehicles were registered. This is the result of the second wave of coronavirus, which has put most of the states in India under almost total lockdown, which has a huge impact on retail sales.

Now, doing year-on-year (YoY) comparison of May 2020 would not be ideal as India was facing a nationwide lockdown in the month of May last year. Nevertheless, let us tell you that in May 2020, the total new vehicle registers were 2,02,697. In May 2019, the industry registered 18,22,566 new vehicle registrations.

Commenting on the May 2021 performance, Vinkesh Gulati, President, FADA said, “The second wave of Covid has devastated the entire country as there cannot be a single house which is not affected. Apart from urban markets, this time people in rural areas were also badly affected. The ongoing lockdown can be seen in most of the states. Not surprisingly, auto retail saw losses for the month of May as sales on the basis of MoM declined by 55 per cent. Similarly, across all categories of vehicles, 53 per cent in two-wheelers, 76 per cent in 3-wheelers There has been a decline of 59 percent in PV, 57 percent in tractors and 66 percent in commercial vehicles, respectively.

Commenting on the current market situation Sridhar V, Partner, Grant Thornton Bharat LLP said, “The decline in vehicle registrations is mainly due to the negative impact of the lockdown and demand across India, this time both rural and urban. While some states are opening in a phasewise manner. In early June, a significant correction in the market or Q2 is expected mainly based on all markets opening during the early phases of July 2021. The industry will also face the challenge of shortage of input material as a lot is said in the context of semiconductors and rubber.”

FADA says that since the current lockdown has lasted for more than 30-45 days and is still continuing in South India, the revenue is negligible for most of the dealers as sales were minimal. Due to this the dealers will not be able to pay the installment of their loan which is outstanding.

Passengers will get free Wi-Fi at 15 stations of Kashmir Valley, this facility has been found in more than 6 thousand places in 5 years

Passengers will get free Wi-Fi at 15 stations of Kashmir Valley, this facility has been found in more than 6 thousand places in 5 years

The Railway Ministry said on Sunday that public WiFi has been made available at 15 railway stations in the Kashmir Valley, including Srinagar. Apart from providing Wi-Fi in the stations of these states, so far 6021 stations with RailWire Wi-Fi facility have been built in India.

Wi-Fi of Indian Railways is being made available under the brand name of Railwire. This public Wi-Fi is available at 15 stations (Baramulla, Hamre, Pattan, Majhom, Budgam, Srinagar, Pampore, Kakapora, Awantipora, Panzgam, Bijbehara, Anantnag, Sadura, Qazigund, Banihal). On the other hand, Railwire WiFi is already available at 15 stations including four district headquarters in Jammu region.

In fact, the Ministry of Railways had entrusted the Internet company RailTel to provide public Wi-Fi at all railway stations. The vision behind this work was to transform the railway platform into a platform for digital inclusion. At the same time, this Wi-Fi network of RailTel is spread in more than 6 thousand railway stations across the country and it is one of the largest Wi-Fi network in the world.

Wi-Fi plays an important role in connecting people

Railway Minister Piyush Goyal said that RailWire WiFi available at these 15 new railway stations in Jammu and Kashmir can be used by passengers with smartphones and working mobile connections. Wi-Fi plays an important role in connecting people.

He said that Indian Railways, in association with its RailTel Corporation of India Limited, is playing a vital role in bringing high-speed Wi-Fi to every nook and corner of the country. Today, on World Wi-Fi Day, I am happy to announce that 14 stations in Srinagar and the Kashmir Valley have become part of the world's largest integrated public Wi-Fi network connecting over 6,000 stations across the country. went. "

Important Steps for Digital India Mission

With this, all stations in the Valley now have public Wi-Fi, Goyal said. This is an important step for the Digital India mission and will go a long way in connecting people. I commend the team of Indian Railways and RailTel, who worked tirelessly to achieve this remarkable feat.

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