Auto industry fears hard lockdowns to contain the second wave will hamper recovery momentum

Automobile demand has started waning in Nagpur, the central Indian city which went under a week-long lockdown starting Monday with only essential services allowed to function. Customers in the city are deferring deliveries and purchase decisions, said multiple industry executives monitoring the development. A Nagpur-based dealer told ET, “Not only has the lockdown impacted business for seven straight days, it is also making customers reconsider