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M&M's Pawan Goenka expects normalcy in auto sector by March-end

While demonetisation has hit the auto industry, Mahindra & Mahindra‘s captain Pawan Goenka made no bones about the segment returning to normalcy by the end of FY17. Alluding to a positive impact of monsoon and a faster-than-expected pickup in business, Goenka said demonetisation “is really just a short-term effect”.

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