Demand is not improving and there is this threat of imports, all these things together I think margins will be really under pressure even going forward, there is definitely a case for (a) reduction in interest rate. Director Seshagiri Rao More Quotes by Director Seshagiri Rao More Quotes From Director Seshagiri Rao These (imports) are substantially at lower prices, aided by depreciation of yuan, depreciation of yen and depreciation of won relative to rupee. That is also a major pressure point for the prices to come down in India. Director Seshagiri Rao technology
