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flag Jharkhand's GST reforms cut vehicle and auto part taxes, boosting production, jobs, and exports.

flag Jharkhand's economy has seen a boost from recent GST reforms that cut taxes on vehicles and auto components, lowering costs across the supply chain by 7.8% to 11%. flag Key reductions include rates on two-wheelers, small cars, tractors, and auto parts, helping increase demand, production, and employment. flag The state, responsible for 20–25% of India’s steel output, supports over 100,000 formal jobs in hubs like Jamshedpur and Bokaro. flag The changes have improved capacity utilization, strengthened MSMEs, and enhanced exports to the US, China, Japan, Europe, and South Asia.

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