Maruti expects GST cuts to help automakers rebound from two years of sluggishness, makes fresh forecast

Maruti Suzuki anticipates a rebound in domestic car sales. The company projects a 7% growth rate by the next fiscal year. This optimism stems from the government's GST cut on automobiles. Partho Banerjee of Maruti Suzuki forecasts stronger small car sales, estimating a 10% growth. Policy and monetary measures are expected to contribute to this recovery.

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