Whirlpool's Shantanu Dasgupta on excise boost

Whirlpool Corporation's vice president-corporate affairs and strategy-Asia South, Shantanu Dasgupta, says that the company believes that the 2 per cent cut in excise duty to 10 per cent won't materially benefit the beleaguered consumer durables space and that demand revival is still some time away. The company, however, feels that with the launch of a new revamped product range its fortunes may change in the coming fiscal year, he adds.