Ajay Bodke Expects Healthy Monsoon To Spur Rural Demand
  • WebDesk BTVI
  • Aug 30 2019

Broader markets do not seem to be enthused though the government and the RBI announced a slew of measures to arrest the economy slowdown. Ajay Bodke, CEO, Prabhudas Lilladher, says the current scenario is due to excessive pessimism, points out that demand will improve in the rural after bountiful monsoon, expects a good rabi crop as reservoir levels are full, is positive on two-wheelers, tractors, passenger vehicles sales, consumer finance, consumer durables and FMCG companies.