New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said that the GST 2.0 reforms, which came into effect from September 22, have given a significant push to the domestic automotive industry, with car sales more than doubling to over half a million units.

Market observers say that the retail total of the entire passenger vehicle industry between the implementation of the new goods and services tax (GST) rates on September 22 and Diwali could be anywhere between 650,000-700,000 units, Sitharaman posted on X.

“The GST 2.0, which came into force a month ago, has given a significant push to the automotive industry, with car sales more than doubling to over half a million units,” she wrote, citing a media article.

Also, during the period of Diwali shopping, e-commerce and quick-comm

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