GST on helmets equivalent to compromising road safety. Here's why?
The rise of the two-wheeler segment in India along with the allied helmet industry has been a growth story in itself. The increase in the purchasing power of both the urban and semi-urban markets and to add to that, the low cost of ownership of two-wheelers have been the major growth drivers for these segments. The two-wheelers are also looked upon as income enablers. As the second highest populat…