Automobiles To Online Shopping: How GST 2.0 Spurred Consumer Frenzy On Day 1
- GST 2.0 reforms launched on September 22 coincided with Navratri, resulting in lower prices and increased spending across various sectors, including automobiles and electronics.
- Maruti Suzuki reported nearly 30,000 car deliveries on Day 1, marking a historic performance, with Hyundai and Tata Motors also reporting strong sales.
- Electronic manufacturers observed significant sales increases due to price reductions under GST 2.0, while online shopping surged with brands like Flipkart and Amazon reporting an increase in sales.
- Prime Minister Narendra Modi described GST 2.0 as 'a reform dedicated to the people of India', showcasing a festive spirit and revitalizing consumer demand across sectors.
12 Articles
12 Articles
From cars to electronics, GST rate cuts spark consumer frenzy on Day 1 of Navratri - The Tribune
GST 2.0 appears to have delivered instant relief and sparked consumer joy from the very first day, reducing household expenses, reviving demand across industries, and igniting the festive season with record-breaking sales.
Network18 hosts ‘Reforms Reloaded’ 2025’ conference
Network18’s ‘Reforms Reloaded’ on Tuesday brought together some of the country’s most influential policymakers, economists, business leaders, and strategists to deliberate on the next phase of India’s economic journey. The focus was on the rollout of GST 2.0 reforms, which officially came into effect on September 22, 2025, and their potential to reshape India’s tax […]
New GST Rates: Record Car Sales Happening?
It is already known that the GST overhaul on cars meant that the taxation was reduced from 28% to 18% in the new reform. The new GST slab came to effect from September 22rd, as communicated by PM Modi on the occasion of Navratri. On the occasion, which coincides with reduced GST, the car prices have come down considerably across the country. This has now started to have an overwhelming effect on the car sales across India as showrooms are repo…
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