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Saurabh Tyagi--Clovek,Advisory

31st Aug · SEBI-Registered Analyst

MARUTI
bets on GST cut to revive mall car demand

MARUTI
anticipates that the proposed GST reforms, lowering the levy on small cars to 18%, will revitalize demand and boost the automotive market. Chairman RC Bhargava believes this move will benefit lower-end consumers and counter economic strain from high US tariffs. He also advocated for parity in GST between electric and hybrid cars to encourage cleaner technologies.

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