CV cyclical industry; not unduly concerned about slowdownVolvo-Eicher CV business model works even in downturn
‘We are conservative on our inventory levels’
Expect market to improve by 2nd half 2013
Capex plan of about Rs 1,200 crore for CV biz in 2013-14
Will hike Royal Enfield capacity from 1.5 lakh to 1.75 lakh units at Tamil Nadu plant
Believe there is merit in allowing quadricycles in India.
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