Indian carmakers plan to ramp up production capacity by up to 40% amid GST cuts

Indian carmakers plan to ramp up production capacity by up to 40% amid GST cuts

13 Nov 2025 | Category: Technology

Maruti Suzuki, Hyundai, and Tata Motors are significantly boosting production by 20-40% to meet surging demand post-GST cuts. Retail sales hit a record high in October, with strong festive demand and lower taxes depleting dealership stocks. Carmakers anticipate this revival to sustain into next year, with industry growth forecasts revised upwards.

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Source: The Economic Times | 13 Nov 2025

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