Will Indians open their purse strings this Diwali despite inflation, slowdown?

PUBLISHED ON: November 2, 2012 | Duration: 49 min, 51 sec

  
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Ahead of Diwali, a time not just for family, food and celebration, but also for those long shopping sprees, experts Debopam Chaudhuri, VP of research at BluFin India, Ajit Joshi, CEO and CMD of Croma, A Mahendran, MD of GCPL, N Seshadri, ED of Bank of India, and P Balendran, vice president of General Motors India, discuss if the average Indian will open up the purse strings with the economy slowing and inflation remaining sticky. They also discuss what car makers, retailers and manufacturers will do to lure customers back.
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