Maruti Suzuki and other Indian companies are bracing themselves for a slump in demand after a 13-year high inflation triggered fears of curbs on consumer spending and the central bank raising interest rates, thereby hurting India Inc's expansion plans.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>"This (high inflation) is criminal... This is going to put a lot of pressure on everything. An interest rate hike is now imminent, which is a very worrying factor for the auto industry. The situation is getting out of control," warned Ajay Seth, CFO of Maruti Suzuki India. 
</p><p class='TableClas'>The annual wholesale price index 

Slowdown in demand imminent

VIEWPOINT: CORPORATE INDIA

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