Reduce GST to 18%, urges SIAM

The Society of Indian Automobile Manufacturers (SIAM) President Rajan Wadhera has reiterated the request of the Auto Industry for an immediate reduction in the GST rate to 18 percent. Need for an immediate reduction in GST rates has been agreed unanimously amongst all members of the Automobile Manufacturers including the two-wheeler OEMs. “This was also reiterated at a recent […]

A Growing Market

  India has been one of the fastest growing markets for Continental in the last 10 years: Prashanth Doreswamy Q: What is your own outlook on the Indian automotive industry? A: I think it will peak in the next five years for both passenger cars and CVs. GST is having an effect and there is […]