{"id":15013,"date":"2025-09-24T00:53:33","date_gmt":"2025-09-24T00:53:33","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2025\/09\/24\/gst-2-0-boost-maruti-hyundai-tata-post-record-sales-on-day-1-of-navaratri-economy-news\/"},"modified":"2025-09-24T00:53:33","modified_gmt":"2025-09-24T00:53:33","slug":"gst-2-0-boost-maruti-hyundai-tata-post-record-sales-on-day-1-of-navaratri-economy-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/24\/gst-2-0-boost-maruti-hyundai-tata-post-record-sales-on-day-1-of-navaratri-economy-news\/","title":{"rendered":"GST 2.0 Boost: Maruti, Hyundai, Tata Post Record Sales On Day 1 Of Navaratri | Economy News"},"content":{"rendered":"


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Carmakers Maruti Suzuki India, Hyundai Motor India, and Tata Motors witnessed record sales on September 22<\/h2>\n
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The GST cuts make automobiles more accessible.(Representative Image)<\/p>\n<\/figure>\n

Carmakers Maruti Suzuki India, Hyundai Motor India, and Tata Motors witnessed record sales on September 22, as the first day of the nine-day Navaratri festival coincided with the rollout of the Goods and Services Tax (GST) 2.0 regime.<\/p>\n

Shares of India\u2019s automotive giants, Maruti Suzuki India Ltd and Hyundai Motor India Ltd, soared spectacularly on Tuesday, riding the wave of exceptional growth witnessed on the very first day of GST 2.0.<\/p>\n

Maruti Suzuki delivered nearly 30,000 cars on the first day, with 80,000 enquiries. \u201cThe response from customers has been phenomenal \u2014 something we have not seen in the last 35 years. On the very first day, we recorded 80,000 enquiries,” Maruti\u2019s Senior Executive Officer for Marketing and Sales, Partho Banerjee, told Moneycontrol<\/em>. He added that the carmaker has been receiving nearly 15,000 bookings daily since announcing additional price benefits over GST on September 18, with current bookings now 50% higher than in the non-festive season. Banerjee noted, \u201cDemand for small cars has been especially strong\u2026 Dealers are staying open late into the night to deliver cars to customers. Compared to last year, the overall response has been exceptionally strong.”<\/p>\n

Hyundai Motor India recorded around 11,000 dealer billings on day one of Navaratri, marking its best single-day performance in five years. Tarun Garg, Whole-Time Director and COO, told Moneycontrol<\/em>, \u201cThe auspicious start of Navaratri, amplified by the momentum from GST 2.0 reforms, has infused strong positivity into the market. On day one alone, Hyundai recorded around 11,000 dealer billings\u2026 This is a clear testament to robust festive sentiment and customer confidence.”<\/p>\n

Tata Motors reported nearly 10,000 car deliveries and over 25,000 enquiries on the first day of Navaratri, with total benefits (GST price cut + festive offers) reaching up to Rs 2 lakh on select models. Amit Kamat, Chief Commercial Officer, Tata Motors Passenger Vehicles, told Moneycontrol<\/em>, \u201cWe are seeing a very enthusiastic response from customers\u2026 This has led to a sharp surge in enquiries and bookings, with a noticeable increase in showroom walk-ins, higher conversions, and a growing order book. The response to our portfolio has been phenomenal, especially for the popular bestsellers Nexon and Punch.”<\/p>\n

Under GST 2.0, smaller cars (sub-4 metre models) fall in the 18% tax slab, down from an earlier total incidence of 29\u201331%, while the compensation cess on automobiles has been removed. Bigger and luxury models now attract a 40% slab, down from 43\u201350% earlier. Automakers are also extending additional festive benefits to enhance sales.<\/p>\n

Maruti\u2019s small car price cuts range from Rs 46,400 to Rs 1.30 lakh, while SUVs and sedans have seen reductions of up to Rs 1.13 lakh. Hyundai\u2019s price cuts range from Rs 60,640 to Rs 2.40 lakh across SUVs, sedans, and hatchbacks. Tata\u2019s benefits extend up to Rs 2 lakh on models like the Nexon, Safari, Harrier, and Altroz.<\/p>\n

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Aparna Deb<\/a><\/p>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Click here<\/a> to add News18 as your preferred news source on Google. Stay updated with all the latest business news, including market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the\u00a0News18 App<\/a> to stay updated.<\/span><\/div>\n
First Published:<\/span><\/p>\n
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September 23, 2025, 18:32 IST<\/p>\n<\/div>\n<\/div>\n

News<\/a> business<\/a> economy<\/a> GST 2.0 Boost: Maruti, Hyundai, Tata Post Record Sales On Day 1 Of Navaratri<\/span><\/div>\n
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Last Updated:September 23, 2025, 18:33 IST Carmakers Maruti Suzuki India, Hyundai Motor India, and Tata Motors witnessed record sales on September 22 The GST cuts make automobiles more accessible.(Representative Image) Carmakers Maruti Suzuki India, Hyundai Motor India, and Tata Motors witnessed record sales on September 22, as the first day of the nine-day Navaratri festival…<\/p>\n","protected":false},"author":1,"featured_media":8069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-15013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/15013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=15013"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/15013\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/8069"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=15013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=15013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=15013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}