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Indians' buying power hasn't risen in line with car prices: Bhargava
short by Krishna Veera Vanamali / on Thursday, 19 September, 2019
Maruti Suzuki Chairman RC Bhargava has said that purchasing power of Indians hasn't risen in line with the increase in car prices. This had led many to postpone purchases as prices have been increased to adhere to new emission norms, he added. Bhargava further said there is "no point" in a temporary cut in the GST rate on vehicles.
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