New Delhi, Oct 21 – Tata Motors announced it has delivered more than 100,000 cars in the 30‑day stretch from Navratri to Diwali, just one month after India lowered the Goods and Services Tax (GST) on automobiles. The drop in tax has sparked a surge in demand, with the automaker reporting a 33 % jump in sales compared to the same period last year.
Sales leaders are its SUVs. The Tata Nexon sold over 38,000 units, up 73 % year‑on‑year, while the smaller Punch hit 32,000 sales, a 29 % rise. “Our SUVs are the main drivers of this growth,” said Shailesh Chandra, Tata Motors’ Managing Director. “Next to the Nexon, the Punch continues to push the market.”
Electric‑vehicle (EV) sales also climbed, with more than 10,000 EVs sold during the festive window – a 37 % increase. “Our full range of cars and SUVs is delivering strong numbers, giving us confidence for the rest of the fiscal year and the launch of new models,” Chandra added.
Earlier this month, industry analysts reported that the auto sector crossed the 100,000‑vehicle mark in just 24 hours on Dhanteras, the first day of Diwali sales. The record‑breaking day generated roughly Rs 8,500–10,000 crore in revenue, based on an average vehicle price of Rs 8.5–10 lakh.
Tata Motors is not alone. Maruti Suzuki India and Hyundai Motor India also posted strong festive sales, reflecting high consumer confidence and the impact of the GST 2.0 reforms. With the festive season still behind it, the Indian auto market is set to sustain its momentum, driven by SUV popularity, rising EV adoption, and the ongoing tax incentives.
Source: ianslive
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