Demand for two-wheelers is seeing a boost from GST rate cuts. Bajaj Auto's Rakesh Sharma believes this trend will continue if inflation remains low. He highlighted that a customer's monthly income of Rs 40,000 makes even small price changes significant. However, rising fuel and rental costs could diminish these gains. Rupee devaluation is also a concern for sustained demand.
from Auto-Industry-Economic Times https://ift.tt/JhB7iQF
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