Rupee impact quite significant: Munjal Showa

Yogesh Munjal, managing director of Munjal Showa, tells NDTV Profit that with a rather weak demand environment, the company is not expecting to see more than 5 per cent sort of growth in FY14. The firm is trying to build in flexibilities to be able to weather the slow demand and volatile currency environment. Mr Munjal also indicates that the company is facing a lot of problems due to the rupee depreciation, despite hedging to lower the currency impact.