Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
VIDEOS
Auto

Demand has grown a lot over the years, liquidity crunch may continue a bit longer, says Eicher Motors' Siddhartha Lal

Updated : February 12, 2019 11:18 PM IST

The MD and CEO of Eicher Motors Siddhartha Lal has been Named the EY Entrepreneur of The Year. A third-generation entrepreneur, Siddhartha Lal is credited with the revival of the iconic motorcycle brand, "Royal Enfield". Lal has now turned his focus to make Royal Enfield a truly global brand.

"Every business goes through a few ups and downs, there is nothing untowardly or anything of that sort, so we take it in our stride. The auto sector is a little bit subdued now but it has had so much growth for so many years that I am not complaining," Lal told CNBC-TV18.

"The liquidity crunch promises to continue for a bit longer, commercial vehicle has gone through a huge upcycle which is sort of just slowing down a bit, the first half was still really good, the third quarter was just a bit more subdued and that is going into January, February and March as well, so it is again a cycle, we are on the slight down part of the cycle but I am not worried beyond a point," he said.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV