Saturday, August 6, 2022

Interest rate hike unlikely to impact tractor demand, says Escorts Kubota Group CFO Bharat Madan

"There is a marginal impact on demand...We don't see any significant impact on the demand side because of interest rate hikes," Madan told PTI. He was responding to a query on how the interest rate hike by the RBI could impact tractor sales. Escorts Kubota is a farm equipment manufacturer.

from Auto-Industry-Economic Times https://ift.tt/nZUSGVR

No comments:

Post a Comment

Maruti's premium play turns 10: Did it truly build a brand or just a better showroom?

Ten years after its launch, Maruti Suzuki's Nexa is at an inflection point, preparing for Nexa 2.0 to re-engage aspirational buyers. Des...