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.

Daimler Chrysler E 270 CDI out
Cybernoon.com, May 20, 2004
Mr. Vaibhav Sanghi, director, Sanghi Motorcar Co. says, "The launch of the E270 CDI in India heralds the arrival of the world's favourite Mercedes Benz variant, namely, the E Class, with the all powerful 270 diesel engine. Sanghi Motorcar Co. is proud to be able to offer this product to its customers and we have geared ourselves up for service and spare part support."

Luxury saloon "Maybach" launched in Mumbai
Indiacar.net, March 31, 2004
Sanghi, who declined to reveal the names of the clients, said the "made to order" saloon, which was on display at the January autoshow in Delhi, takes seven months for delivery and Daimler Chrysler expects to sell between 9-11 cars annually in India.

Rs. 5.25 crore Maybach launched in Mumbai
The Tribune, Chandigarh, March 30, 2004
“India has arrived on the world scene today,” said Vaibhav Sanghi, Director, Sanghi Motorcar Company here.

Luxury saloon "Maybach" launched in Mumbai
Economic Times, March 29, 2004
"We have bookings from three corporate clients for the "Maybach" in Mumbai and two for Delhi and the first luxury high-end saloon will be delivered in Mumbai in next four months", Vaibhav Sanghi, Director of Motor Sanghi Company, told reporters here today at the launch of the vehicle in the city.

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.