Mahindra to increase prices of its vehicles post budget

     President of Automotive and Farm Equipment division of Mahindra, Mr. Pavan Goenka has announced that the company will raise the prices of its vehicles ranging between Rs. 3,000 to Rs. 35,000 depending upon the model. Mr Goenka applauded the Finance Ministers budget called it a mixed budget with both positive and negative impacts. He welcomed the reduction in taxes and duties for hybrid and electric vehicle components.