Kalpesh Parekh Quotations

My expectation is that car sales should be at least in the lower double- digits. The excise duty is a big positive factor.

The alliance with Fiat could help Tata get technologies and designs for new models in future. It's a win-win deal for both.

The deal would help avoid duplication and less fragmentation of the full-service market.

Firms like Toyota, Honda and GM have to quickly firm up plans for their small cars, or they're going to fall behind even more.

It would lead to further consolidation in the industry, which is seeing several players enter in a short time. In such a scenario, we will see the less-efficient players get taken over by the bigger players.

You need a product that specifically works in Indian conditions ... you can't just launch something you have in other markets.