Better agricultural output, availability of water for irrigation because of healthy reservoir levels, an increase in minimum support price (MSP) of kharif crop announced last week, and government spending on rural development all will help increase disposable income and further improve consumer sentiment in rural India, senior industry executives said.
The initiative enables customers to acquire an extended warranty within a flexible window of 91 days to ninth year from the date of vehicle purchase, the two-wheeler major said in a statement.