IMPACT OF GST ON THE AUTOMOBILE INDUSTRY

One of the most prosperous and rapidly expanding industrial sectors in India since liberalisation is the automobile sector. The sector can potentially expand and play a significant role in driving economic growth and job creation. To compete with the world's superpowers, the Indian government has also acknowledged the importance of the automobile sector to the country's economy and is presently putting the finishing touches on its Automotive Mission Plan 2026. GST will be implemented in India's industrial sector, according to the Indian government.