Auto sector outlook: Policy tailwinds to spur 2–3 year demand revival

India's auto sector anticipates a strong demand surge over the next two to three years, fueled by government initiatives. Reductions in income tax, interest rates, and GST, alongside pay commission revisions, are expected to significantly boost consumer spending power and drive sales growth for vehicle manufacturers.

Auto sector outlook: Policy tailwinds to spur 2–3 year demand revival
India's auto sector anticipates a strong demand surge over the next two to three years, fueled by government initiatives. Reductions in income tax, interest rates, and GST, alongside pay commission revisions, are expected to significantly boost consumer spending power and drive sales growth for vehicle manufacturers.