Thursday 29 December 2016

After dangal with demonetization, 100% auto loans to fuel sales

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Patparganj Industrial Estate in eastern part of the national capital is home to scores of family-run, small and medium proprietary businesses. Car dealership is one of them. A vehicle manufacturer not having a dealer here is an exception. It’s 4 pm and December is drawing to a close. The last month of the year isn’t the same anymore in Delhi. The day is sunnier than usual and warmer as well. The deadline for the most debated and dissected subject in the country for over a month and a half – demonetization – is coming to a close. Outside the dealer showrooms, the missing chill in the air and the chill in business activity are both palpable. But step inside, the mood isn’t so sombre. The lull has given way to cautious optimism -- new normal being set, fresh paradigms being shaped.

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