Pawan Goenka, MD, Mahindra and Mahindra, said the interim budget will contain sop for farmers as it is a pre-election budget.
“I would expect something to be done for farmers, after all, it’s a pre-election budget and therefore, something will be there,” Goenka said.
M&M has launched the Furio range of intermediate commercial vehicles (ICV) as the company is going to make its presence in this segment.
Goenka said that the entry into ICV is a challenge because there are well-entrenched players.
On product launch front, he said that the company couldn't have delayed product launch for a year for the introduction of BS-VI norms.
"We have chosen variants in the highest volume segment to launch before BS-VI," he added.