Auto Sector Contributes 15% To GST Revenue, Supports 30 Million Jobs: MoS Heavy Industries
India’s automobile industry contributes nearly 15 per cent to the country’s GST revenue collections, Minister of State for Heavy Industries […]
Auto sector News
India’s vehicle retail sales jump 17.61% YoY in January 2026 post-GST cuts
Vehicle retail sales in India commenced the calendar year 2026 on a strong note, recording a 17.61 per cent year-on-year
Compact SUVs emerge biggest gainers from GST cut, says Hyundai
The compact SUV segment has emerged as the biggest beneficiary of the Goods and Services Tax (GST) cut, according to
Customs duty cut on imported cars to help expand luxury car segment: BMW India
Reduction in customs duty on imported cars under the India-EU free trade agreement could enable the growth of the luxury
Too Early to Say if Rise in Small Car Demand After GST Cuts Will Sustain: CEAT MD & CEO
Overall consumer trend still is towards buying SUVs and it is too early to say if the rise in demand
Union Budget 2026: Skoda Auto Volkswagen says GST continuity, EV push key for auto sector growth
Policy continuity, infrastructure growth and a stronger electric vehicle ecosystem in the upcoming Union Budget will be critical for sustaining
Budget 2026-27: Auto industry eyes EV incentives, GST clarity after strong GST 2.0-led recovery
After GST 2.0 tax rate rationalisation, India’s automobile industry reported a strong performance during the October–December 2025 quarter, supported by
Bajaj Auto readies smaller KTMs, Triumphs to qualify for lower GST slab
Bajaj Auto is preparing a fresh wave of products under its KTM and Triumph brands with smaller engine displacements, as
PV sales grow 5% in CY25 on GST, rate cut, easier finance, show SIAM data
The Passenger Vehicle PV) segment clocked its highest-ever sales in a calendar year 2025 (CY25) at 44.90 lakh units, growing
Auto component sector to gain from strong order pipeline, demand recovery post GST cut: Reports
The auto component sector is expected to benefit from a strong order pipeline and a recovery in demand across passenger
