For the automotive sector, this as an opportunity to deliver advanced engineering and digital solutions to drive growth and transformation in the sector
FinTech BizNews Service
Mumbai, September 5, 2025: The 56th meeting of the GST Council was held in New Delhi under the chairpersonship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. The GST Council inter-alia made the recommendations relating to changes in GST tax rates, provide relief to individuals, common man, aspirational middle class and measures for facilitation of trade in GST.
Shailesh Saraph, EVP and Global Head – ER&D Delivery, Tata Technologies, explains: The GST move to reduce GST for automotives would boost consumer demand, make mobility more accessible, strengthen India’s position as a global automotive hub. This comes at a crucial time when the industry is rapidly transitioning to electric and sustainable mobility, which will also encourage greater investments in innovation and capacity building. For the sector, this as an opportunity to strengthen partnerships with Original Equipment Manufacturers (OEMs) and suppliers, delivering advanced engineering and digital solutions to drive growth and transformation in the sector.”
