24
Sep
The launch of GST 2.0 on September 22 marked a transformative moment for Indian consumers, sparking enthusiasm across markets even before the Navratri festivities began. The automobile sector witnessed record-breaking figures as the new tax regime removed the compensation cess on cars and reduced GST on sub-4 metre vehicles to 18%. Maruti achieved its highest-ever single-day performance in 35 years with 80,000 inquiries and 30,000 deliveries, while bookings for small cars soared 50% above typical festive levels. Hyundai and Tata Motors also saw strong numbers, with Hyundai billing 11,000 vehicles and Tata delivering 10,000 cars with 25,000 inquiries. E-commerce platforms…
