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
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