GST Cut Triggers 30% Surge in Small Car Sales, Reshaping India's Auto Market - autocarpro.in

Government's tax reduction on compact vehicles reverses years of decline, with Maruti Suzuki reporting record festive retail sales. India's automotive industry is witnessing a dramatic shift as small car sales surged 30% following the government's reduction in Goods and Services Tax (GST) on compact vehicles, according to Maruti Suzuki Chairman R C Bhargava at the company's Q2 and H1 financial res…