How Hyundai Motor India Welcomes GST Reforms and Boosts Domestic Growth

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UNSOO KIM, HYUNDAI MOTOR INDIA

We warmly welcome the landmark GST reforms introduced by the Government of India.

  • Boosts the economy and strengthens consumer confidence.
  • Drives inclusive, consumption-led growth by reducing the tax burden on essentials.
  • Supports the automotive sector, promoting Viksit Bharat and Make in India.
  • Encourages domestic manufacturing and stimulates demand across urban and rural markets.

Notably, 60% of our ICE portfolio now falls under the 18% GST slab, with the remaining 40% adjusted accordingly.

Hyundai Motor India remains committed to supporting the Government's vision and contributing to India's journey as a global manufacturing powerhouse.

SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.

Written by Indian-Share-Tips.com, which is a SEBI Registered Advisory Services

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