#ZeeBusiness Hybrid Cars, SUVs, and Safety: GST Reforms Reshape Indian Consumer Choices
Hybrid Cars, SUVs, and Safety: GST Reforms Reshape Indian Consumer Choices
GST 2.0 reforms are revitalizing India’s festive automotive market. Around 41% of consumers plan to buy vehicles in the next three to four months, with SUVs and hybrid cars topping preferences. Safety-conscious buyers now influence decisions, while 35% are willing to pay more for high-end variants. The reduction of GST on small cars could lower costs by up to Rs 1 lakh, particularly benefiting Tier 2 and Tier 3 cities. Online and offline channels both guide informed vehicle discovery and purchases.
#GST20 #IndianAutoMarket #VehicleSalesIndia #FestiveCarBuying #HybridCarsIndia #SUVTrend #ConsumerBehavior #AutoIndustryInsights #SmallCarGST #FeatureRichVehicles
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