$3 billion cash flows stuck on account of lockdown, auto parts companies urge vehicle makers to release timely payment

Having assured government that auto component makers will not retrench any work force including temporary workers, the part makers are urging the vehicle makers to release their timely payment and also requesting the government to extend the sops, so as to ensure that their cash does not dry up quickly.

from Markets-Economic Times https://ift.tt/3dH2VIX