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Two-wheeler prices to go up

The Government Of India’s Union Budget 2012—13 see’s amendments that hike two-wheeler excise duty from 10% to 12%. This in turn increases the manufacturers overhead  costs and they are left with no choice but to pass it on to the customers. One would expect some relief in other areas to balance the hike, but there are no such move’s, nor do we see any reduction in the import duties on completely built units (CBU), semi knocked down (SKD) and completely knocked down units (CKD), and add to that no mention on the taking control of sky high petrol prices its a definite not so good a budget for the enthusiast.