Union Budget 2004-2005
Capital Market, July 9, 2004
M K Sanghi, President, The Associated Chambers of Commerce and Industry of India (ASSOCHAM) said, "Tthe Budget proposals are “for the people, of the people and roadmap for rural and social development “ and felt that the overall growth of the Indian economy will move upward.

Car sales jump 20% in June on price hike fears
BSNL Portal, June 23, 2004
"These are just under-currents. There have been no actual indications, though it looks like consumers are unwilling to shell out any extra money post-Budget. Very clearly, this has led to early purchases," said Ashwin Sanghi, CEO of Vitesse

CMP Progressive, Forward Looking Chambers
Rediff, May 27, 2004
Extending the support of trade and industry, Assocham President M K Sanghi said the CMP is "positive, progressive and forward looking. The government should concentrate on developing world class infrastructure to attract more investments and connect rural India with urban cities enhancing economic power of the rural masses," he said.

Rural, Core Sector Hold Key to Growth
Hindu Business Line, March 15, 2004
This sentiment was echoed by the newly elected President of the Associated Chambers of Commerce and Industry (Assocham), Mr M.K. Sanghi (Chairman of Sanghi Organisation Vitesse Ltd), who said that Assocham would be giving a thrust to the subject of rural development this year

New breed of car buyers grow on easy finance
MagIndia, February 2004
“Both manufacturers and dealers have realised that the only way to grow, both in terms of sales and profits, is through volumes. Making a car affordable to the average middle class customer is a priority today,” said Ashwin Sanghi of Vitesse.

MK Sanghi to head ASSOCHAM
India Info Line, Jan 28, 2004
Members of the Associated Chambers of Commerce and Industry of India (ASSOCHAM) have elected M.K Sanghi, Chairman, Sanghi Group of Companies, as the President, of the chamber for the year 2004-05. Sanghi who was the alternate President of ASSOCHAM earlier took over his new assignment at the 83rd annual session held.