Chip shortage to drag down festive sales, dispatches to fall by over a fourth in October - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Chip shortage to drag down festive sales, dispatches to fall by over a fourth in October

Senior industry executives ET spoke to indicated wholesale volumes will decline for the second straight month by 25-28% to 2.4-2.5 lakh units in October, further reducing inventory for deliveries during the upcoming festivals of Navratri and Diwali.

from Industry-Economic Times
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