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Firms compelled to reduce margins, navigate taxes, inflation to bolster sales
Excise officials’ public interaction to be monitored
Official says Excise Dept clearing backlog by timely issuing new number plates
Stakeholders express urgent need for government intervention
Prices of PSMC cars have increased up to Rs235,000, will come into effect from April 6
Lower demand may result in prolonged plant closures, joblessness
Manufacturers blame economic uncertainty, import curbs for price increase
Urge carmakers to reduce prices as rupee strengthens against greenback
Due to economic uncertainty and inflation
Cites lack of inventory because of State Bank’s LC restrictions