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GST rate cut to inject fresh growth momentum into auto sector: SIAM
New Delhi 12September2025
|Millennium Post Delhi
The recent reduction in GST rates on automobiles will inject fresh growth momentum into the Indian automotive sector, make vehicles more affordable and enable broader access to personal mobility, industry body SIAM said on Thursday.
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NEW DELHI:
Addressing the annual convention of the auto industry body, Society of Indian Automobile Manufacturers (SIAM) President Shailesh Chandra also welcomed the government's move to "suitably amend some of the procedural issues which would greatly help in supporting the ease of doing business".
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