Friday, December 05, 2025 | 08:57 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Small SUV segment may see maximum growth after GST relief: Hyundai COO

Hyundai COO Tarun Garg said the small SUV segment, already the biggest in India, could see maximum growth after GST cuts, aided by urban demand, pay hikes and rising aspirations

GST rate rationalisation, coupled with the 8th pay commission recommendations, and the rising customer’s aspirations, could give a huge demand boost, says Tarun Garg, COO, Hyundai Motor India. | File Image
premium

GST rate rationalisation, coupled with the 8th pay commission recommendations, and the rising customer’s aspirations, could give a huge demand boost, says Tarun Garg, COO, Hyundai Motor India. | File Image

Deepak Patel New Delhi

Listen to This Article

The small sports utility vehicle (SUV) segment -- comprising models less than 4 metres in length -- could witness the “maximum” growth among all categories in the coming months following the recent goods and services tax (GST) rate rationalisation, Tarun Garg, chief operating officer of Hyundai Motor India (HMIL), said on Thursday.
 
“The small SUV segment is already the biggest segment in the car industry. GST rate rationalisation, coupled with the 8th Pay Commission recommendations, and the rising customers’ aspirations could give a huge demand boost...small SUV segment could see the maximum growth,” he told reporters on the sidelines of