business

Consumer durable mkt minus infra products is good: Videocon

Venugopal Dhoot, chairman and managing director of Videocon Industries says that the consumer durables market has been expanding and the industry is expected to grow 15% this month. “It appears that 75 bps cut in CRR might give some interest rate reduction and also money flow so that consumers will start buying on finance basis,” he says.

first published: Mar 12, 2012 12:34 pm