Market & IndustrySmart
India car market could reach 6.3 million by 2031
According to Maruti, the new GST regime could boost industry and demand, paving the way for faster growth in India’s auto market.
1 September 2026 1 min read 7 views
The chairman of Maruti Suzuki sees the new GST 2.0 tax system as a concrete boost for the auto industry and for India’s economy. The lower tax burden should support demand and investment, with positive effects on the four-wheeler segment.
Looking ahead, India’s car market could reach 6.3 million units by 2031. That would confirm the country as one of the world’s most dynamic markets, driven by rising incomes, urbanisation and easier access to credit.