Mixed Signals

Mohan Himatsingka, President

Dear friends,

The great Indian festival season beginning in September 2012 came to an end with the celebration of Diwali.Auto market was counting a lot for its revival on the festival season when people in India go for big-ticket purchases. What I understand from my fellow dealers is that the expected festival season boom has failed to materialise in November 2012, dampening the hope for a modest growth in the current financial year.

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A Guarded Optimism

Mohan Himatsingka, President

Dear friends,

As I write this message, India s long auspicious festival season culminating in Diwali is over. I am sure, you must have had a lot of fun, gaiety and blast during the festivities. This festival of celebrating the victory of good over bad is awaited eagerly by one and all in India. With the Government and companies, generally doling out incentives and bonuses to their employees during the period, the people are on spending spree. The festival is, therefore, a bonanza and a god-send opportunity for the business in general and auto market, in particular, to cash in on.

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Staying on Course

Mohan Himatsingka,

Dear friends,

At the outset, I express my profound thanks and gratitude to FADA Council and you all for reposing your confidence in me by electing me as the President of this august body. With your support, I will try me best to live up to the high standards set by my predecessors and rising expectations of the automobile dealer fraternity.

As you would have observed, the last few years, in particular, have seen the feverish activity within FADA that has embarked on a clutch of new initiatives for the benefit of automobile dealers while sustaining the tempo of activities already undertaken.

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