Will Indians open their purse strings this Diwali despite inflation, slowly? India Festival / Finance News Debate

Ahead of Diwali, a time not just for family,
food and celebration, but also for those long
shopping sprees, experts Debopam Chaudhuri,
VP of research at BluFin India, Ajit Joshi, CEO
and CMD of Croma, A Mahendran, MD of GCPL, N
Seshadri, ED of Bank of India, and P Balendran,
vice president of General Motors India, discuss
if the average Indian will open up the purse
strings with the economy slowing and inflation
remaining sticky. They also discuss what car
makers, retailers and manufacturers will do to lure customers back.