Skoda Auto India, under the ‘India 2.0’ project, aims to have at least twice as many sales and service touchpoints, as it does today, by 2022.
Automobile dealerships are cautiously optimistic, expecting flat or moderate growth in the festive season after suffering twin blows of demand slowdown and the coronavirus pandemic.
FADA said the stress is more on dealerships in the bigger cities right now due to the prevailing situation as compared with outlets in the smaller towns and rural areas.
In its latest report on the auto sector, India Ratings and Research (IndRa) on Friday said retail sales are likely to continue to lag behind wholesale sales in September 2020.
FADA said the auto industry has already been reeling under a severe slowdown for the last 15 months, with more than 275 dealerships already shut, resulting in huge job losses.