The Economic Times

GST 2.0 gives auto, economy a fresh gear; India car market seen at 6.3 million by 2031: Maruti Chairman

Maruti Suzuki Chairman RC Bhargava credits GST reforms for economic impetus and growth. The Indian car industry is projected to reach 6.3 million units by 2031. Small car market share is expected to grow significantly faster than previously observed. The company is expanding production capacity to meet anticipated demand increases. This expansion reflects the economy's substantial potential for future growth.