The auto sector went through one of the longest sales slumps leading to nearly 3.5 lakh job losses.
Her remarks drew varied responses with the opposition Congress seizing on it to criticise the government.
HCL founder-chairman Shiv Nadar was speaking at a Vijaydashmi event organised by RSS.
India Inc's net sales growth for the June quarter slid to 4.6 per cent as against 13.5 per cent for the same period last year.
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