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Budget 2019: M&M's Pawan Goenka expects sops for farmers in the interim budget

Updated : January 29, 2019 06:41 PM IST

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.
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