Epic Research Update : Maruti Suzuki India

Maruti Suzuki India, country’s largest car maker is planning to cut its car prices after the government announced a cut in excise duty in the vote on account. The models that will get cheaper include the Alto, WagonR and Swift hatchbacks and others like the Ertiga MPV and Dzire sedan. Finance Minister P Chidambaram has reduced excise duty on small cars and 2-wheelers from 12% to 8% while also reducing the duty on bigger cars and SUVs.


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Posted in: Indian Market Tips