Hind Motors cut prices of light commercial vehicle

Newswire

MUMBAI, Feb 25 (Reuters) - Hindustan Motors Ltd on Wednesday said it had cut prices of its light commercial vehicle-the 2.3 ton mini truck- by 7,000 rupees per unit, following excise duty cuts announced on Tuesday. The firm said it would also be passing on the duty cut benefit on castings and forgings that it supplies to the original equipment manufacturers. (Reporting by Aniruddha Basu; Editing by Ramya Venugopal)

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