Aggregators can't dent desire to own cars: Bhargava

While car aggregators like Ola, Uber, etc have taken most Indian cities by a storm, R C Bhargava, chaiman, Maruti Suzuki, says the companies' business won't make any dent into Maruti's sales.

Speaking to Axis Bank's Shikha Sharma at the Axis Capital Conference, Bhargava says customers will still have the desire to own their own personal vehicles vis a vis traveling by Ubers and Olas of the world. Bhargava says, "No, they(consumers) will still have a car for other areas and their leisure activities. You look at New York for example. If you go to Manhattan you will take a taxi but if you have to go anywhere else you need a car, you can't help that."

In the free-wheeling interview, Bhargava shares his views on electric cars, hybrid cars and whether small cars will become passé soon.

Watch video for more.