Saturday, August 30, 2025

Royal Enfield calls for uniform 18% GST on two wheelers under new framework

Royal Enfield urges the government to consider a uniform Goods and Services Tax (GST) rate for all two-wheelers. Eicher Motors emphasizes that a uniform 18 percent GST is crucial for sustaining the industry's momentum. Siddhartha Lal warns against raising GST on motorcycles above 350cc. He says it could damage India's global competitiveness.

from Auto-Industry-Economic Times https://ift.tt/K8uIwSF

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...