The aspiration among rural consumers has resulted into adoption of urban lifestyle in the rural areas. Hence, it has grown the sales of small cars, two wheelers and many other products and services in the villages. Watch an exclusive interview with Sanjeev Shukla, Group Chief Marketing Officer, Muthoot Pappachan Group who has been instrumental in growing sales of motorcycles in rural markets in his previous organisation which witnessed 55% of its sales from the hinterlands. Currently, he is serving a leading financial services company which has larger footprints in the rural areas.
In the middle of economic slowdown and downfall in auto sales, the monsoon, performing well since
Driven by expectations of normal monsoon, increased minimum support prices (MSP) of agricultural