Tata Motors has announced a price cut for its entire portfolio, following the reduction in excise duty. The price cut is applicable from the world’s most affordable car to its biggest sports utility vehicle.
The Tata Nano is cheaper by Rs 8,000 and now starts at Rs 1.41 lakh and other vehicles will enjoy price cut ranging between Rs 7,000 and Rs 45,000. The Indigo eV2 now starts at Rs 3.85 lakh, after a price cut of Rs 15,000 whereas the price of the compact sedan Indigo eCS prices has decreased by Rs 17,000 and starts at Rs 4.82 lakh. The Indigo Manza Club gets cheaper by Rs 20,000 and now retails at Rs 5.85 lakh for the base variant and Rs 8.07 lakh for the top- end model. Tata's Safari and Safari Storme will now be available in the domestic market with a price cut of Rs 35,000 and Rs 45,000 respectively.
Tata Motors joins other Indian car manufacturers like Maruti Suzuki, Hyundai, and Nissan who decided to decrease the prices of its vehicles, the next day after the interim budget announcement and pass the benefits to the consumers.