Studds, Ask, Motul gain ground as GST cut and West Asia war squeeze grey-market auto parts
GST reduction from 28% to 18% and West Asia conflict-driven input cost spikes are tightening the 10-25% price gap that unorganised players relied on. Studds (25% helmet share, ₹2,000 cr m-cap), Ask Automotive and Motul India are positioned to absorb share as the unorganised segment shrinks from 30% toward 10-15%.
GST rate cuts and West Asia war-driven input cost surges are squeezing India's grey-market auto aftermarket, helping organized brands like Studds, Ask Automotive and Motul gain share in helmets, parts and lubricants as smaller players struggle with supply and pricing.