Premium car sales to remain strong, but GST cuts will lift sub-₹10 lakh category, says JPMorgan’s Amyn Pirani
Amyn Pirani of JPMorgan said affordability gains from recent GST cuts could help first-time buyers return to the car market, with entry-level vehicles poised for their strongest growth in years. He expects demand momentum in two-wheelers and passenger vehicles to build further by FY27.
Amyn Pirani of JPMorgan said affordability gains from recent GST cuts could help first-time buyers return to the car market, with entry-level vehicles poised for their strongest growth in years. He expects demand momentum in two-wheelers and passenger vehicles to build further by FY27.
What's Your Reaction?
FEDA-HQ
The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
