Inflation, high fuel prices blessing in disguise: Hero Honda

Policy planners may be burning mid night oil to tame inflation and overcome surging oil prices, but Hero Honda seeks to capitalise on this by pushing cost effective and fuel efficient vehicles in the market.

“While it is true that double-digit inflation of 11-12 per cent would certainly upset household budgets and postpone certain purchases, the rise in auto fuel prices might actually turn out to be a blessing in disguise for the two-wheeler industry,” Hero Honda Chairman Brijmohan Lall Munjal said in the company’s Annual Report for 2007-08. More
Courtesy: economictimes.indiatimes.com

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