Posted Sat, 04/21/2012 - 22:27 by admin
Presently there is a mad rush going on by the Indian populace to purchase only diesel engine based cars and the petrol cars are being shunned like anything. The buyers are not realizing the after effects of this frenzied buying of diesel cars in India. At the same time, the Indian government isn't taking any concrete steps towards easing out this deadlock and coming to a congenial solution. Since the announcement of the 2012 union budget by the Indian government there are a couple of very significant declarations that were made. One of them was from the country’s petroleum minister and he stated that there will be no potential deregulation of the diesel price in the country. The second declaration was from the largest car manufacturer in the country, Maruti Suzuki and they are planning to invest close to Rs. 1,700 crore in setting up a diesel engine manufacturing facility to boost the sales of their diesel cars.