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- PICS: Bajaj vehicles set to cost more
When asked about the previous price hike, Rajiv Bajaj said the company had last increased prices of its vehicles five to six months ago, and the rupee at that time was close to 53-54 against the dollar. "That (rupee value) has changed significantly, and as a result domestic players have increased prices of their products. So, there is a lot of cost pressure," he added.