06 Oct 2025 | 5 Mins Read
GST cut boosts auto stocks ahead of Diwali
Flipitmoney
India's auto market saw a 50% year-on-year rise in tractor sales, driven by tax relief, favourable monsoon, and early festive stocking. Passenger vehicles and two-wheelers also posted a healthy 11-12% year-on-year rise. Retail traction improved after September 22 GST revision, with potential for sustained growth driven by tractors and light commercial vehicles.