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CGD industry-III: How tough will it be for new companies to break even?
Dec 22: For newly authorized CGD entities, breaking even in new Geographical Areas is not going to be all that easy
8This is because, unlike in the big metros, significant volumes cannot be tied up for commercial vehicles
8The attention will have to be on the private vehicles, where, on account of shorter distances traversed unlike in big cities, the conversion ratios are going to be lower.
8So of the 100 odd cities that are on the block, how many are viable investments without an interminably long waiting period?
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