Uneven monsoon and stubbornly high food inflation have taken a bite off rural demand but the situation has now started to show signs of improvement as reflected in the recent two-wheeler sales, decline in MNREGA job demand among other things, Confederation of Indian Industry (CII) President R Dinesh said.
In an interview with Aanchal Magazine, Dinesh, who is also the Executive Chairman of TVS Supply Chain Solutions, said there are early signs of crowding in of private investment. Edited excerpts:
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