My expectation is that car sales should be at least in the lower double- digits. The excise duty is a big positive factor.

Firms like Toyota, Honda and GM have to quickly firm up plans for their small cars, or they're going to fall behind even more.

Some of the momentum we've seen in mid-size, particularly in the B+ category, may now shift to compacts.

You need a product that specifically works in Indian conditions ... you can't just launch something you have in other markets.

It would lead to further consolidation in the industry, which is seeing several players enter in a short time. In such a scenario, we will see the less-efficient players get taken over by the bigger players.

The deal would help avoid duplication and less fragmentation of the full-service market.