There will be some pain down the road from currency ban: M&M

VS Parthasarathy, CFO, M&M who spoke from the sidelines of IDVS IDFC India Conference said that it is too early to speculate on any impact from the demonetisation drive.

He did however admit to the government catching them off guard. "They caught us during a lull time, we aren’t different from where we have been."

There will be some pain down the road, he said, adding that there hopefully won’t be risks to the industry tractor growth.For entire interview, watch accompanying video.