Carmakers line up Rs 1 lakh crore expansion plan as GST tailwinds drive 65% capacity surge - A2Z Taxcorp LLP

India’s automobile industry is entering a decisive expansion phase, with carmakers collectively lining up investments of nearly Rs 1 lakh crore over the next 5-6 years. The capacity build-up comes on the back of GST (goods and services tax) rationalisation, which, industry leaders say, has provided the policy clarity and demand visibility required for long-term production planning. From a current…