Covid 19 Impact: Consumer Durable Industry May Suffer long

Due to uncertainty due to the Corona virus pandemic Consumer Consumer . durable industry may suffer for longer duration . Buyers would deffer their plans any buying plans unless it absolutely necessary. In the situation people want o keep their funds with them to manage the crises.

I believe big quantity of finished goods would have been stuck in inventory which will mount pressure on companies now the consumer finance companies should come forward to finance on lower rate of interest so that market could be prompted for buying .