Weak rupees causes high automobiles price in India.

Nepalese market is sure to be affected

New Delhi, July 4 – After rupees becomes weak in comparision to dollar, Indian car producers have started raising their price of automobile.

 

Such decision of Indian automobile's producer is surely going to affect Nepalese market as most of the vechiles in Nepal is imported from India.

 

The india's automobile company Mahindra and Mahindra has raised all of its vehicles price by IC 6 thousands ( 9 thousands 6 hundred Nepali rupees ). General motors' have increased 10 thousands Indian currency (16 thousands Nepali Rupees) in its new model products.

 

Whereas Maruti Suzuki, Hundai motors, Toyota, kirloskar motors, Audi India and Mercedes-Benz are also on process to raise the price as per their product.

 

According to Chief Executive – Automotive Division at Mahindra & Mahindra Ltd, they were compelled to raise the price after rupees becomes weaker with dollar.

 

Aarthiknews