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Impact of Lower Excise Duty on Industry

Dated:- 19-3-2015 - The production growth rate of Automobile Industry during the period April 2014 to February 2015 compared to the same period of last year is as under: April-February 2014 April-February 2015 .....

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867,888 13.70 Two Wheelers 15,429,731 17,042,863 10.45 Total of All Categories 19,645,555 21,468,103 9.28 The Governme .....

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14 and thereafter the earlier higher duty level has been restored. Almost all the sectors had shown improvement in production during the lower excise duty phase and the previous negative trend was reversed. Comparative data of production during the p .....

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