Wednesday, September 30, 2009

More than 700 cars sold in Gujarat on Dashera

Automobile dealers in Ahmedabad reported accelerated growth in the sale of vehicles delivered on Dashera. For the four-wheeler segment, and particularly premium models, the last day for depreciation proved to be a major boost for their sales.

In addition, the implementation of the recommendations of the Sixth Pay Commission for government employees boosted demand in the small car segment. More than 700 cars were delivered in the city on Vijayadashami.

"We delivered around 150 cars to buyers across Gujarat, including 90 units from our Ahmedabad showroom itself," said Paras Somani, CEO of Landmark Honda. According to him, people preferred this auspicious day to buy cars as the last date to claim 40 per cent depreciation was nearing.

The implementation of the recommendations of the Sixth Pay Commission resulted in a salary hike for government employees. Because of this, there was a shift of 10 to 15 per cent from the two-wheeler to the small car market, a source in the industry said.

The response for the automobile industry was overwhelming considering that most companies with a presence in the two-wheeler segment did not introduce any schemes. A majority of dealers in two-wheelers believe that the stimulus package introduced by the central government has injected new life into the industry.

Moreover, the sales on Dashera indicate the people in Gujarat have overcome the psychological fear wrought by the global slowdown. The bullish trend in the stock markets can be sited as another factor that led to an increase in demand. Though the last year has not been good for the automobile industry, a majority of two-wheelers reported growth compared to last year, of between 20 and 50 per cent.

PRESIDENT PATIL TO VISIT GUJARAT TODAY

President Pratibha Patil module clear a five-day meet to state from weekday evening. Pratibha Patil module come at the Ahmedabad airfield at 5.00 pm today. After attractive the protect of take at the airport, she module go to Gandhinagar to listen a open recognize union at the Town

She module meet the Sabarmati Ashram on weekday and module listen a duty at the Sardar Patel Memorial in Shahibaug to start a newborn hall.

She module also meet Porbandar on Oct 2, the relationship period of Mahatma solon before feat to Sasan Gir- the exclusive bag of Asiatic lions in India.

President Patil module meet the wildlife shelter at Gir on Oct 4. On the mass day, she is probable to meet Diu, success her meet to state by temporary Rajkot in the daytime before backward to New Delhi.

Karnataka gets development lessons from Modi

Narendra Modi brand of governance has found many takers in the BS Yeddyurappa government in Karnataka.

The Gujarat Chief Minister was in Bangalore on Tuesday to share tips on governance with Karnataka Ministers.

Modi was given a royal welcome by the Karnataka government and Chief Minister Yeddyurappa said that he would replicate the Gujarat model of development in his state.

The Gujarat Chief Minister has been roped in by Yeddyurappa to give tips on improving governance and he hoped that Modi would be able inspire his ministers.

"We want to know how he is running the government. How he handles all the problems and gets the development work done," said Yeddyurappa.

Modi's classes would last for three days and is being held far away from the hustle and bustle of Bangalore in the small town of Suttur near Mysore.

The sessions have been a hit with the state ministers.

"We have heard of development work but now we can see it also," said Karnataka Law Minister Suresh Kumar.

"He is really a good speaker and I have learned a lot," said Rural Development and Panchayati Raj Minister Shobha Karandlaje.

But the state Opposition is not impressed with Modi and his gyaan sessions.

"Maybe the Chief Minister feels that his agenda of creating tensions is not effective and Modi is more effective man and more experienced because he's know for Godhra. Maybe that's why they have called him," said Karnataka Pradesh Congress Committee President RV Deshpande.

The Opposition may hate him but with the Yeddyurappa in all awe of Moditva, it looks like Karnataka and at least its economic policies will be a mirror image of Modi's Gujarat.