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Maruti Suzuki forecasts 7% growth in India's car sales due to reduced GST, making vehicles more affordable.
Maruti Suzuki expects India's passenger vehicle sales to grow by around 7% in the next fiscal year due to a reduction in GST rates.
The reduction, along with other economic measures, is aimed at making cars more affordable, particularly for first-time buyers, and encouraging a shift from two-wheelers to cars.
Automakers like Honda and Hyundai have announced price cuts to pass on the benefits of the GST changes to consumers.
Industry leaders view these reforms as a boost to the automotive sector and a step towards fostering growth and innovation in India.
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Maruti Suzuki pronostica un crecimiento del 7% en las ventas de automóviles de la India debido a la reducción del GST, haciendo que los vehículos sean más asequibles.