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VERIFIEDET Finance·positive
From Maruti to Mahindra, top industry execs say GST 2.0 changed the demand equation
AI Summary
- ·Passenger vehicle demand increased significantly following GST rationalisation, benefiting Maruti Suzuki's sales.
- ·Mahindra & Mahindra observed robust growth across its various vehicle categories.
- ·The tax adjustment has stimulated overall auto retail expansion and encouraged manufacturers to expedite capital expenditure.