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'Customers looking for alternates amid rising petrol, diesel prices'
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SME Times News Bureau | 11 Aug, 2020
As petrol and diesel prices
remain around record levels, the Indian Auto LPG Coalition has said that
consumers are now looking for economical alternative fuels that can
save fuel costs without compromising on vehicle performance.
In a
statement, the industry body said that as petrol and diesel hover
around the Rs 80 per litre mark, auto LPG is currently priced at almost
half of both the mainstream automotive fuels.
"In terms of
running costs, it has consistently been at least 40 per cent cheaper
than petrol. This gives consumers who drive on auto LPG a major cost
advantage," it said.
Indian Auto LPG Coalition Director General
Suyash Gupta said: "During these times of severe economic challenges and
when all consumers are looking to save costs on multiple fronts,
transport bills still continue to skyrocket on account of petrol/diesel
prices. Naturally, more consumers today are scouting for either
alternative modes of transport or economical alternative fuels."
He
noted that auto LPG, which is the third most widely used automotive
fuel globally, holds a lot of promise in this scenario. In fact,
conversion kit providers are reporting a rise in queries from consumers
looking to cover their personal vehicles to auto LPG or CNG, Gupta
added.
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