On September 22, 2025, the Indian government implemented a reduction in the Goods and Services Tax (GST), which is equivalent to the consumption tax in Japan.
The Indian government, which considers the growth of domestic demand as the main driver of economic growth, has reduced the tax rate on most items, especially daily necessities, and also reduced the tax rate on most items of automobiles, with the aim of stimulating consumption.
Based on the revised tax rates, vehicle prices have been reduced by tens of thousands to hundreds of thousands of rupees, and sales have been underway since September 22, the day the revisions were implemented.

We have estimated how much the GST tax cut has the potential to boost sales of new passenger cars (sedans, hatchbacks, SUVs, and MPVs).
We do not give a figure, but the potential is in the order of several hundred thousand units.

Not only have the prices of automobiles fallen, but also the prices of home appliances and daily necessities have fallen, and people have more money to spend freely within their disposable income, which will stimulate the economy as a whole, and thus sustainable economic growth can also be expected.
The Indian government is also cutting income tax and policy interest rates in parallel with this GST tax cut, and there is a good chance that a sustainable flow of new car market pulled by economic growth can be established.

We look forward to hearing from interested parties.