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Published on Jul 1, 2019
Devang Mehta, Head, Equity Advisory, Centrum India speaks to ET Now. He talks about the slowdown in the auto space. He said, 'There is no denying that it has been an extended slowdown. The festive season was bad, right from August to October-November last year, continuing in the new financial year as well. The market has started expecting a lot of reforms and tax cuts from the government, which may or may not play out. But clearly, there is pessimism that demand will not come back.