Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday held high-level discussions with the leadership of Suzuki Motor Corporation and Minda Corporation in Japan to explore large-scale investment opportunities in the state's automobile sector.
They explored collaborations in tech, investment, skilling, higher education, and automobile sectors, leveraging the new India-UK Free Trade Agreement (FTA).
"Mahindra & Mahindra, a company in the automobile sector, will invest Rs 15,000 crore in Chhatrapati Sambhajinagar and Nashik. This will create many jobs. Significant investment has been made in the auto sector through this programme. Ten thousand people will get employment in the three-whee
Speaking on the impact of the India-EU tariffs on the Indian automobile sector, the minister said, "The Indian auto industry is doing exceptionally well. We haven't opened up the market for cars that sell for up to 25-30 lakh rupees. We have protected the auto industry completely." "If we
The Indian automobile sector is poised for strong growth, with December sales volumes expected to rise across all vehicle categories. The Nuvama Institutional Equities report noted that double-digit growth is likely in the domestic markets for two-wheelers, passenger cars, and commercial
The Bharatiya Janata Party (BJP) Spokesperson Pradeep Bhandari on Wednesday refuted Leader of Opposition in Lok Sabha, Rahul Gandhi's "manufacturing is declining" remark, calling it "fake news" against India's growth story.
Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal, and Electronics & IT Minister Ashwini Vaishnaw on Saturday hailed the recent GST rate rationalisation as a major driver of economic momentum during this year's festive season.
India's automobile sector registered its highest-ever September sales in 2025, fueled by early festive demand and the positive impact of GST 2.0 reforms, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Wednesday.
The benefits of the Goods and Services Tax (GST) rate rationalization are yet to play out meaningfully, and its impact on domestic-focused automobile companies is expected to be visible only from the third quarter of FY25, according to a report by HDFC Securities.
India's automobile retail sector witnessed a remarkable turnaround in September 2025, driven by the twin impact of festive demand and the rollout of the landmark GST 2.0 reforms, the Federation of Automobile Dealers Associations (FADA) said on Tuesday.
The automobile sector is expected to record strong year-on-year growth in sales across all segments in September, supported by festive demand and positive customer sentiment, according to a report by Nuvama Research.
New Delhi [India], September 26: In a significant move aimed at boosting the automobile sector, the Government of India has recently announced a reduction in Goods and Services Tax (GST) rates across various vehicle categories. This change is expected to make vehicles more affordable, especi