India's Goods and Services Tax (GST) 2.0, has been hailed as a "GST booster shot" for consumption-led growth, with major reliefs announced for sectors including FMCG, MSME, textiles, automobiles, healthcare, insurance, electronics and construction, noted a report by the Union Bank of India.
Discounts in the automobile sector are expected to trend down across key segments as the recent GST cuts are likely to lift demand, according to a report by Motilal Oswal.
European Trade Commissioner Maros Sefcovic on Friday said that the automotive sector should be at the centre of India and the EU partnership, as he addressed the 65th Annual Session of the Automotive Components Manufacturers Association of India here in New Delhi.
Bengaluru (Karnataka) [India], September 11: Triton Valves Limited, India's largest manufacturer of automotive tyre valves and a leading engineering partner to industries worldwide, commemorated its 50th anniversary with a grand celebration on September 10, 2025, at Mysore Hall, ITC Gardenia
Union Minister of Commerce and Industry Piyush Goyal on Wednesday said that the automobile retail sector serves as the critical interface between consumers and the industry, playing a vital role in ethical marketing, transparent financing and insurance, and seamless registration processes
Lower GST on automobiles is set to make vehicles more affordable for buyers and create new opportunities for sellers. As per a Crisil Intelligence report, the revised GST slab to 18 per cent from 28 per cent will benefit the auto sector and boost domestic sales.
The auto industry has welcomed the GST Council's decision to rationalise tax rates, calling it a landmark reform that will boost affordability, spur demand, and accelerate India's transition to sustainable mobility.
India's automobile industry recorded strong growth in August 2025, as festive season buying and steady rural demand pushed sales across two-wheelers, tractors, and commercial vehicles. According to various company data, manufacturers reported gains that underline a recovery driven by both do
India's automobile sector displayed a patchy performance in the first quarter of FY26, with two-wheelers and tractors driving growth while passenger and commercial vehicles remained largely subdued, according to a report by Axis Securities.
The automobile sector witnessed a muted performance in the first quarter of FY26, with demand lagging expectations in most segments except tractors, according to a report by Motilal Oswal Financial Services.
The positive macroeconomic indicators of Indian economy, such as income tax cuts, easing lending rates, and above-normal rainfall, have not yet translated into a revival in vehicle demand in the country, according to a report by Incred Equities.