Vipin Sondhi, MD & CEO, JCB India comments on Impact of demonetisation

Vipin Sondhi, Managing Director & Chief Executive Officer, JCB India, said, "The announcement by the Honourable Prime Minister, Shri Narendra Modi to demonetise Rs 500 and Rs 1000 notes is a very bold and ambitious step by the Government to curb black money. This will help the country move towards more digital transactions and become a cashless economy. After GST, this is another major effort by the government towards its vision of Transforming India into a global investment destination".