India: Excise duty hike leads to price increases

The excise duty hike on all products in Budget 2012-13 has resulted in certain vehicle manufacturers raising the prices of their vehicles. According to a report carried by the Press Trust of India, the price hikes will range up to Rs70,000 (US$1,395). "We are going to raise the prices of all Subscribe to Automotive World … Continued

• By Webmaster
• March 16, 2012