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GST Rates Revision May Revive Dying Auto Industry, Says Hyundai CEO

August 22, 2019

GST Rates Revision May Revive Dying Auto Industry, Says Hyundai CEO

Hyundai Motor India CEO and MD S S Kim said that in light of the various factors that have led to a slump in automobile sales in the country, the government needs to intervene and slash GST rates to bring back growth in the sector.

Kim said that if the government steps up even at this stage, then growth can be brought back to the automobile sector within a year.

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