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High gear at long last
Mint Mumbai
|November 03, 2025
India’s September cut in GST rates had the auto industry rejoicing. One can now see why.
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Carmakers posted record sales in October, as price cuts led by tax relief drew buyers in large numbers. According to industry estimates, the wholesale offtake of passenger vehicles clocked 470,000 units, a 17% increase over last October. Almost all carmakers reported record domestic volumes. Pent-up demand awaiting GST cuts this
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