Lexus India is highly optimistic about its immediate sales future, attributing strong growth projections to the government’s recently implemented GST 2.0 reforms. Hikaru Ikeuchi, the president of Lexus India, told FE that he expects the October-December 2025 quarter to be one of the best for the entire luxury car segment.
The brand, which saw a healthy 19% sales growth in FY25 (over FY24) – and clocked highest-ever monthly sales in March 2025 – expects this momentum to continue, as the GST reforms will have both a direct and indirect positive impact on the luxury market. “The overall reduction in GST has made cars more affordable, and has also left consumers with more disposable income,” Ikeuchi said. “This will translate into better consumption, better affordability of EMIs, better