RTO Seen Levying 21% Motor Vehicle Tax
IncomeTaxInfo.com, May 18, 2006
Adds Ashwin Sanghi of Vitesse, a Mumbai-based car dealer , “Benefits of the excise cut on small cars announced in the Union Budget were offset by the hike in the interest rates on car loans. Any further increase in taxes will have a negative impact on sales.”

RTO Tax 21%
Economic Times, May 18, 2006
Adds Ashwin Sanghi of Vitesse, a Mumbai-based car dealer , "Benefits of the excise cut on small cars announced in the Union Budget were offset by the hike in the interest rates on car loans. Any further increase in taxes will have a negative impact on sales."

Of a Lifetime
Economic Times, February 10, 2006
So, a vehicle that retains much of its value will reduce future costs. "The biggest cost of owning a car is the difference between what you pay for it when it's new and what you get for it when you sell," says Ashwin Sanghi of Vitesse, a Mumbai-based car dealership.

India on a luxury drive
CarWale.com, December 2005
Says Ashwin Sanghi of Sanghi Motors, the dealers for Mercedes Benz, ''In the past two years, a large number of people have been first-time buyers. Earlier, if you looked at Mumbai, 90% would be the same category. The dad owned the Mercedes and therefore, the son would try and own it. Now we have buyers who are real-estate entrepreneurs, exporters, invest- ment bankers and IT tycoons.''

Sixty million Indian workers strike against government economic policies
World Socialist, October 4, 2005
Associated Chambers of Commerce and Industry President M.K. Sanghi said, "The strike has paralysed the economic and industrial activities all over the country in a substantial manner, the losses of which are difficult to be measured now."

Tariff barriers could mar trade ties with ASEAN
September 26, 2005, PTI
Noting that India and ASEAN signed FTA way back in 2003 and subsequently the tariff structure was rationalised, chamber president M K Sanghi pointed out that the countries continued to impose tariff barriers on select items of Indian exports ranging from 17.6 to 47.6 per cent.

Durable Dotcoms
Business Today, September 2005
We thought of ourselves as a purely online aggregator of information," grins Indiacar CEO Ashwin Sanghi, as if the very notion is laughable. Today, the company is an intermediary with a far more lucid business model. Indiacar provides customers with information on all cars available in the market, aggregates demand and taps preferred dealers for substantial discounts. In some cases, claims Sanghi, the discount could be as high as 50 per cent. If the customer wishes to finance the car, Indiacar takes care of that too. That's a true intermediary

Assocham Chief Calls for Effective Disaster Management Plan
Hindu Business Line, August 5, 2005
A SPECIAL fund to upgrade urban infrastructure and an effective disaster management plan are needed urgently, according to the Assocham President, Mr M.K. Sanghi.

Speed Up Infrastructure Investment
Deccan Herald, July 18, 2005
Assocham President M K Sanghi said despite Bangalore being the silicon valley of the country its urban infrastructure is very unplanned and inadequate, adding that it should serve as an abject lesson for undertake strategic planning and management of infrastructure development, according to a press release.

Indian Software And Services Exports To Double
EFY News Network, July 11, 2005
India's global share is likely to rise to 6 per cent in 2008-09, from current 3 per cent. Assocham president, M K Sanghi, reveals total exports will exceed $50 billion by 2008-09 end.