Growth is slipping, time for complacency is over
No matter how good festival buying eventually turns out to be, it alone can’t drive growth, especially when multiple distress signals are coming from job and income fronts.
No matter how good festival buying eventually turns out to be, it alone can’t drive growth, especially when multiple distress signals are coming from job and income fronts.
Higher rate of Covid-19 infections in the rural areas can adversely impact two-wheeler sales. CRISIL revised its two-wheeler volume growth estimates at 10%-12% against 18%-20% earlier.