Maruti Suzuki Chairman Calls India's Tax Overhaul a Major Reform That Will Enhance Competitiveness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 18 2025
0mins
Source: Reuters
Proposed Tax Reform: India's government is proposing to lower the goods and services tax on small cars from 28% to 18% as part of broader consumption tax cuts.
Industry Support: RC Bhargava, chairman of Maruti Suzuki, describes the proposal as a "huge reform" that will positively impact the market.
Increased Competitiveness: The restructuring of the tax system is expected to enhance the competitiveness of Indian products in the market.
Market Expansion: Opening trade borders and introducing competition will likely benefit consumers by expanding the market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
