Tata Indica price hiked
By Our Corporate Bureau | 08 Jan 2004
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Mumbai: Tata Motors Ltd on Wednesday announced that it has implemented a price hike on the Indica with immediate effect.
"Prices have been increased by an average of 1.9 per cent at the showroom level. The price rise had become inevitable due to the continuous rise in input costs through 2002 and 2003 which could not be absorbed fully any further by the company and have had to be partially passed on to the market with this increase,' a company statement said.
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