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India's auto industry is suddenly having a blast. After months of lacklustre sales, the world's third-largest car market is experiencing a revival, thanks to the government's decision to reduce GST. To add to that, the cuts also came ahead of the festive season, which typically contributes to about 40 percent of the annual sales. "The GST cut has created a genuine affordability kicker just ahead of the festive window. Passenger cars, two-wheelers, and parts moving from 28 percent to 18 percent ...Read More >
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