Navratri boom: GST 2.0 pushes vehicle sales to record high

India Today

India’s auto industry, which had been witnessing subdued growth for some time, suddenly saw a spurt in sales during Navratri this year. The 10 per cent cut in GST significantly reduced vehicle prices and drew buyers to the showroom. Both two-wheelers and four-wheelers' sales jumped by more than 35 per cent, compared to the sales in last year's Navratri. Compared to 6.14 lakh two-wheelers sold in N…

Sign in to read the full article

Create a free account or sign in to access the complete content.