SIPS eating into luxe car sales: Merc
The Times of India|November 28, 2022
‘MF Investments Reducing Disposable Incomes Of Indians’
Pankaj Doval
SIPS eating into luxe car sales: Merc

New Delhi: The luxury car industry has a new challenger — systematic investment plans (SIPs) — which give an easy entry to Indians into stock markets and debt savings through mutual funds.

As inflows into SIPs continue unabated, despite volatility in stock markets, disposable incomes into aspirational and premium products such as cars are not as widespread as they should be, says Santosh Iyer, sales & marketing head of Mercedes-Benz India.

Denne historien er fra November 28, 2022-utgaven av The Times of India.

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Denne historien er fra November 28, 2022-utgaven av The Times of India.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.