In this conversation, Partho Banerjee, Sr. Executive Officer – Marketing & Sales at Maruti Suzuki India, shares how GST 2.0 is reshaping India’s passenger car market. From 8.5% price reductions on mass-market models to 3.5% cuts on larger cars, Banerjee explains how these reforms are widening affordability, driving new enquiries and bringing first-time buyers into the fold.
Key highlights:
- GST 2.0 as a major reform for the auto industry
- Bigger cars to see 3.5% price reduction
- Surge in enquiries, especially 2W-to-4W upgraders is at 15%
- Price cuts expanding reach down the customer pyramid
- Why new entry-level buyers are coming back
- Industry expected to bounce back next year after years of muted growth
Watch the full interview for an inside look at how Maruti Suzuki is preparing for the next phase of India’s automotive growth story.
Video: