CGD: Threats ahead but companies remain upbeat – 16 Aug 2021

The CGD industry will face challenges going ahead.

There is of course the threat of electric vehicles

Then again, there is going to be a sharp enough increase in APM gas prices

Yet existing CGD companies are bullish of the future, for during the lockdown, even as volumes plunged profits have stayed firm

Mobile CNG dispensation stations are the new flavor of the season