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GST 2.0 demand boost prompts Maruti Suzuki to accelerate capex plans
Car market leader Maruti Suzuki India is accelerating its capital expenditure plans amid a sharp increase in passenger vehicle demand following the GST 2.0 rationalisation, MD and CEO Hisashi Takeuchi said on Tuesday, as the tax reform completes one year. The company's passenger vehicle sales grew about 36 per cent year-on-year during April-August 2026, while sales in the entry segment surged over 96 per cent during the period, Takeuchi said. "A year ago, the landmark GST reform gave fresh impe…
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