GST Reforms Helping Indian Economy Weather West Asia War Impact: Maruti Suzuki’s Bhargava

GST reforms helping Indian economy weather West Asia war impact: Maruti Suzuki’s Bhargava

Reforms gave new impetus not only to automobile industry but to several sectors of economy, says Maruti Suzuki India Chairman RC Bhargava

GST 2.0 gives auto, economy a fresh gear; India car market seen at 6.3 million by 2031: Maruti Chairman

Maruti Suzuki Chairman RC Bhargava credits GST reforms for economic impetus and growth. The Indian car industry is projected to reach 6.3 million units by 2031. Small car market share is expected to grow significantly faster than previously observed. The company is expanding production capacity to meet anticipated demand increases. This expansion reflects the economy's substantial potential for future growth.

GST 2.0 helped economy weather West Asia crisis: Maruti Suzuki India chairman

Maruti Suzuki has raised its capital expenditure plan to Rs 77,500 crore for the next five year till FY31 to expand operations.