The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Gunjan Prithyani - JPMorgan Chase & Co, Research Division - Analyst
: I have 2 questions. Firstly, on the financing environment, if you can speak about it. Is this whole morat issue creating a problem for people to access
financing? And also, I do notice that you've done a lot of tie-ups on the financing side. So how has been the response? Or is that really helping in
terms of -- enable the financing?
Question: Gunjan Prithyani - JPMorgan Chase & Co, Research Division - Analyst
: So we haven't really seen any issue on the financing side. Okay. The second question I had was on this subscription service foray that you made. If
you can just talk us through it, what's the thought process and how we are approaching it.
Question: Gunjan Prithyani - JPMorgan Chase & Co, Research Division - Analyst
: Okay. Just last question. If you can share -- the inventory level you did mention has come off very meaningfully. Is there a number that you can
share, the [channel] inventory?
Question: Gunjan Prithyani - JPMorgan Chase & Co, Research Division - Analyst
: For Maruti, if you could share.
Question: Kumar Rakesh - BNP Paribas, Research Division - Analyst
: My first question is to Shashank. Last quarter you had said that it's a little early to call out trend. With the advantage of some time behind us, can
you share some of the broader insights, your consumer research, your statistics? Some of it you've talked about around down-trading and all. But
beyond that, what are you observing? How are the sales pattern and aftersales services like spare parts, is that similar to how the vehicle sales is
happening and which are the most impacted segment of consumers or any other area which you have noticed is worth mentioning?
Question: Kumar Rakesh - BNP Paribas, Research Division - Analyst
: My next question is just an extension of that, sir. So based on the trends which you have noticed so far, what would be your best estimate for the
festival demand which is upcoming? Not quantifying directly, but would it be higher than last year, similar or lower? Essentially, how will you be
preparing your supply side? Of course, keeping the unknown unknowns aside, how would you be looking at the festival demands turning today?
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