Reduction in Excise Duty – Maruti Suzuki Ciaz Prices Dropped
The government reduced the duty on cars under the NCEMMP (National Electric Mobility Mission Plan) scheme wherein the government of India promotes the use of electric and hybrid cars. Through this plan, the government intends to bring 6-7 million hybrid/electric vehicles on the Indian roads by 2020 along with a certain level of indigenisation of technology ensuring