No big recovery seen in second half of FY14: SIAM
Toyota Kirloskar Motor vice chairman Vikram Kirloskar, who is also the president of industry body SIAM, speaks to NDTV Profit about the state of the auto sector, pricing environment, demand outlook and sales trend. He says given the general slowdown and high inflation coupled with a high interest rate environment, it is unlikely that demand will pick up and auto makers may be forced to hike prices as a last resort.
