For a range of Indian companies in diverse sectors – such as automobiles, banking, consumer goods and food processing – “go rural” is a big strategy as the economic growth in rural areas is projected to be faster than urban centres. Mahindra and MahindraBSE 0.23 % Financial Services, which has a presence in more than 2 lakh villages across the country, is now focusing on opening more branches in rural areas, said executives at The Economic Times Rural Strategy Summit on Friday.

Source : http://economictimes.indiatimes.com/news/news-by-company/corporate-trends/india-incs-go-rural-strategy-picks-up-pace/articleshow/26229073.cms

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