CAFE III: Car prices to rise up to 1.25 lakh; 1.48 lakh cr industry impact

BusinessLine

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Summary

With the auto industry closing ranks around the April draft of CAFE III norms, Indias next fuel-efficiency regime is set to raise car prices by 20,000-1.25 lakh for buyers while imposing a 61,500-1.48 lakh crore compliance burden on automakers

Source: BusinessLine

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