No plan to hike vehicles’ price from Jan; won’t undermine GST rate cut initiative: Mahindra

Mahindra & Mahindra plans to hold vehicle prices steady from January. The company will only consider a price increase if raw material costs rise significantly. This decision respects the government’s GST reduction strategy. Mahindra & Mahindra aims to avoid profiteering. Price adjustments will be based on tangible manufacturing cost increases, not routine practice.

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