Follow us
VIDEO: 'GST Cut to Create Short- and Long-Term Stimulus': Volvo Car's Jyoti Malhotra
With a rationalisation of the GST regime, Jyoti Malhotra believes the overarching positive impact on the economy in general is going to bring a cascading effect on the luxury car market in India.
16 Sep 2025
6594 Views
Share -
The reduction in GST slabs on the automotive industry are poised to give a fillip to the sector, says Jyoti Malhora, MD of Volvo Car India. While speaking to Autocar Professional on the sidelines of the 65th SIAM Annual Convention, Malhotra said, "GST cut will create a short- and long-term demand stimulus."
He also remained confident of the EV potential in the luxury car segment and said that after rolling out the EX30 in CY25, Volvo will introduce two new EV models next year.
VIDEO:
RELATED ARTICLES
Video: Auto Sector Scales 7-Year Peak, EV Adoption Surges, but West Asia Risk Looms, Says Shailesh Chandra, President SIAM
Autocar Professional Bureau
16 Apr 2026
India's auto sector hits 7-year high, but prolonged West Asia conflict could derail EV momentum as industry navigates ge...
Video: Over 6000 Two-Wheeler EVs Sold Every Day in March’26, EV Penetration in 2W Mkt Crosses 9%
Autocar Professional Bureau
11 Apr 2026
March surge driven by policy urgency, festive demand and new ownership models, while FY26 closes strong with rising adop...
Video: BMW Breaks Sales Records in CY2026, Plans 23 More Product Launches This Year
Autocar Professional Bureau
09 Apr 2026
BMW India's Hardeep Singh Brar on dethroning Mercedes-Benz, launching 27 products in 2026, and navigating geopolitical h...
