M&M Expects Hike in Demand in Bihar During Festive Season
Mahindra & Mahindra Ltd on Wednesday said it is expecting a spurt in demand in Bihar during the upcoming festive season, despite a slowdown in the economy.
Patna, Sep 25 (PTI) Mahindra & Mahindra Ltd on Wednesday said it is expecting a spurt in demand in Bihar during the upcoming festive season, despite a slowdown in the economy.
The optimism is based on factors like a good monsoon, resulting in a spike in rural income and liquidity, besides the recently-announced "positive government initiatives", MD Pawan Goenka told reporters here.
Bihar, he said, has been a key market for the company.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)