The Indian automotive industry faced a rough patch following the COVID-19 jolt. After a robust performance in 2018-19, the sector started declining post the onset of the pandemic in March 2020. When things gradually started settling by the third quarter of FY21, the second wave of the pandemic altered the stable situation of the country. Although 2022-23 was expected to be a market revival year for the industry, especially the two-wheeler sector, the Omicron variant has turned the scenario into a nightmare. This third pandemic wave will impose market restrictions, disrupt weekend sales, and de…