Maruti Suzuki India Ltd.'s bookings growth in Tier 2 and Tier 3 cities is close to 100%. (Photo source: Maruti Suzuki Arena/Facebook) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Maruti Suzuki India Ltd.'s bookings growth in Tier 2 and Tier 3 cities has nearly doubled, while bookings response for small cars was very positive in big cities, according to Partho Banerjee, Senior Executive Officer, Marketing & Sales.
"From the start of the GST 2.0 reform from Sept. 22, we are seeing a very good response," he told NDTV Profit. The GST 2.0 reform kicked in on Monday with GST on vehicles cut to 18% and 40%, move away from the previous slab structure of 28% to 31%, and 43% to 50%, respectively.
Banerjee highlighted, that the company is getting close to 80,000 inquiries daily.