In an interview with CNBC-TV18, Avinash Patankar, Senior Vice President - Sales & Channel Development, Farm Equipment Division at Mahindra and Mahindra spoke about the company's auto sales in April and the road ahead.
Below is the verbatim transcript of his interview with Latha Venkatesh and Gautam Broker of CNBC-TV18. Also watch the accompanying video. Q: Among the first things we noted for the M&M numbers as a whole is like the other automobile makers. There has been a month on month decline in almost all the vehicles. Is this something that will pass with this month and that you hope will improve month on month from the coming months? A: There has been some signs of the market becoming a bit sluggish because of the high base rate what was there in the last two years and the impact of the interest rates which have harden. So we expect that the market is going to be moderate. We donDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
