Mar 22, 2012 10:58 PM IST | Source: CNBC-TV18

Budget 2012-13: Excise duty hike a blessing in disguise, says Ashok Leyland

The higher excise levy to 12% proposed in the Budget was expected to impact many auto companies, including Ashok Leyland.

The higher excise levy to 12% proposed in the Budget was expected to impact many auto companies, including Ashok Leyland. However, managing director Vinod Dasari told CNBC-TV18 the excise duty is a blessing in disguise for the company.

The auto major

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