Raghu Nandhan

On the festive season, Maharashtra growth is in double digits as per VAHAN. Considering the strong festive season, can you talk a little bit about urban and rural demand? You indicated that urban demand is very strong. How is rural doing?

Sir, your associate Company, Ultraviolette is in electric motorcycles and TVS launching more price competitive electric motorcycles. What would be your thought process? What kind of timeline you would envisage considering players like Ola are getting into this segment?

On the electric scooters, they are profitable at contribution level and on PLI scheme, some of the four-wheeler OEMs have received approval. Are you expecting that PLI approval and incentives in second half of this year?