India's car sales reportedly climb despite price rises
The Economic Times, citing Tata Motors Passenger Vehicles managing director Shailesh Chandra, reports that faster growth in household disposable incomes has kept cars affordable after GST cuts despite rising prices.
TLDR
In reporting shared on September 27, 2026, The Economic Times describes surging passenger vehicle demand, particularly in the 18% GST category. It cites Tata Motors Passenger Vehicles managing director Shailesh Chandra saying car prices had risen about 3% over the previous year, but faster growth in household disposable incomes had kept cars affordable after GST 2.0 cuts. The outlet also reports that Tata Motors expected strong festive-season growth, backed by new products and SUVs.
Combined views
5.3K
1 Source, first seen ago