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Old 14th August 2008, 20:00   #8 (permalink)
snaronikar
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Acording to PC, the interest should come down by next 6 months. If this happens, then we may see some growth on this front. Otherwise, with the inflation and the cost of living also rising, there may not be any scope for growth in auto sector. The middle class may afford the car but maintaining it will be too much for them. We need to wait and watch the next steps the govt takes.
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