It’s an unprecedented crisis, at least a month’s biz could be lost: Pawan Goenka, MD, M&M
Mahindra & Mahindra’s Managing Director Pawan Goenka says that companies across the board will face a period of virtually no revenue but some level of fixed costs. This will drain the financials for everyone as nobody is spared during this unprecedented crisis. At least a month's business could be lost, Goenka tells Ketan Thakkar in an interview. Goenka also takes questions on unsold BS-IV stock, supply chain challenges many of its businesses located abroad such as Automobile Pininfarina, Ssangyong or Peugeot Motorcycles, which are all in the “affected zone”. Edited Excerpts:
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