How GST 2.0, festive season led to record car sales in October - The Indian Express
Maruti Suzuki India’s chairman RC Bhargava said that the GST rate reduction has sparked the revival of small cars. (Express File)
The full effects of India’s Goods and Services Tax (GST) revision were on display for carmakers in October, as the industry registered a record high sales figure of over 4,70,000 units, 17% higher than in October 2024. The boost in sales was also, in part, propelled by the festive season, and saw somewhat of a revival in the thus far ebbing small car segment.
Nearly every automaker in the country saw a significant jump in sales, compared to the mixed bag in September 2025, when the full effects of the GST revision, compounded by the festive season, were not realised. Several carmakers saw their sales take a dip compared to September 2024.
Soumyarendra Barik is Special Correspondent with The Indian Express and reports on the intersection of technology, policy and society. With over five years of newsroom experience, he has reported on issues of gig workers’ rights, privacy, India’s prevalent digital divide and a range of other policy interventions that impact big tech companies. He once also tailed a food delivery worker for over 12 hours to quantify the amount of money they make, and the pain they go through while doing so. In his free time, he likes to nerd about watches, Formula 1 and football. ... Read More
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This article went live on November third, twenty twenty-five, at eight minutes past one in the afternoon.