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Rising fuel prices accelerate demand for CNG vehicles
TIWN
TIWN
PHOTO : TIWN
New Delhi, Oct 2 (TIWN) Rising fuel prices have accelerated demand for CNG vehicles in the country. Accordingly, the availability of CNG in more cities has supported this trend.
“Demand for CNG vehicles remains strong, benefiting from surging fuel prices and increased CNG penetration in newer cities,” said Motilal Oswal Financial Services (MOFSL).
“Inventory in the system is 10-20 days.”
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