India's First-Time Car Buyer Returns as GST Cuts Revive Small-Car Demand

Maruti Suzuki reports 1.3 lakh of 1.9 lakh pending orders sit in the 18% GST bracket, signaling entry-level revival. Compact car sales rose to 808,102 units in FY26 from 770,737 in FY25, while UVs climbed to 760,987. Hyundai, Tata and Mahindra pursue divergent SUV and EV plays as Mahindra's EV penetration crosses 10%.

Maruti Suzuki reports 1.3 lakh of 1.9 lakh pending orders in the 18% GST bracket as small-car demand revives in FY26.

NDTV Profit · 5/23/2026, 7:05:33 AM · Ask about this →

Maruti Suzuki + Honda + Hyundai Motor India + Mahindra & Mahindra + Tata Motors +