Ad
Ad

PM Modi announces “next-generation” GST reforms by Diwali.
Daimler India calls the reforms a boost for the commercial vehicle industry.
Lower GST rates are expected to cut operating costs and improve affordability.
Benefits for fleet operators, suppliers, and OEMs.
Reforms align with the Atmanirbhar Bharat vision and local manufacturing growth.
Daimler India Commercial Vehicles (DICV) has welcomed Prime Minister Narendra Modi’s announcement of introducing “next-generation” GST reforms by Diwali. The company believes these reforms will boost the commercial vehicle industry and improve affordability for customers.
DICV said that a simplified and restructured GST regime, particularly with reduced tax rates, would help lower operating costs across the value chain. This move is expected to benefit fleet operators, suppliers, and original equipment manufacturers (OEMs). By reducing costs, the reforms could also make vehicles more affordable for customers, stimulating demand in the market.
Satyakam Arya, Managing Director and CEO of DICV, noted that the proposed GST changes would support fleet operators, suppliers, and OEMs, while also accelerating economic activity. He added that the reforms could strengthen the company’s ability to invest in advanced and efficient technologies, generate more local jobs, and enhance India’s position as a global manufacturing hub.
Arya highlighted that DICV’s focus aligns with the government’s Atmanirbhar Bharat vision, which aims to make India self-reliant through domestic manufacturing and reduced dependence on imports. The company continues to design, manufacture, and export trucks and buses from its Oragadam facility with a high level of local content.
DICV believes that reforms like these will support India’s long-term competitiveness by enabling locally manufactured products to meet both domestic and global demand. The company remains committed to contributing to India’s growth story with innovative, efficient, and locally developed vehicles.
Also Read: Leipzig Orders 40 Solaris Electric Articulated Buses
The upcoming GST reforms, welcomed by Daimler India, are seen as a major step toward reducing costs, boosting demand, and strengthening India’s manufacturing base. With alignment to the Atmanirbhar Bharat vision, these changes promise to support fleet operators, OEMs, and suppliers while creating jobs, driving innovation, and positioning India as a stronger global manufacturing hub.
CMV360 Weekly Wrap-Up | 1st–6th Dec 2025: VinFast EV Buses, Mahindra & Sonalika Tractor Records, Moonrider Funding, CV Sales Surge & EV 3-Wheeler Boom
CMV360’s Weekly Wrap (1st–6th Dec 2025) captures major EV bus updates, strong CV and tractor sales, rising electric 3-wheeler demand, and key policy boosts shaping India’...
06-Dec-25 09:36 AM
Read Full NewsTVS Motor Hits New Record: Sells 18,000+ Electric 3-Wheelers in 11 Months
TVS Motor records 18,116 electric 3W sales in 11 months, with November hitting a new high. Strong demand for King EV Max and Kargo HD EV boosts market share....
06-Dec-25 05:54 AM
Read Full NewsVinFast to Invest ₹4,000 Crore in Tamil Nadu for E-Bus Production
VinFast to invest ₹4,000 crore in Tamil Nadu to expand e-bus and e-scooter production, boost EV capacity, create jobs, and support India’s fast-growing green mobility eco...
05-Dec-25 06:06 AM
Read Full NewsElectric Three-Wheeler Sales Report – November 2025: YC Electric, Zeniak Innovation & J.S. Auto Lead the Market
November 2025 shows strong e-cart growth led by J.S. Auto and YC Electric, while e-rickshaw sales remain mixed with sharp gains from Zeniak Innovation and stable performa...
05-Dec-25 05:44 AM
Read Full NewsGovernment Shares Big Update on PM E-DRIVE Scheme: Subsidy Released, Scheme Extended, More E-Buses for Cities
Govt shares key updates on PM E-DRIVE with subsidy release, scheme extension, e-ambulance support, charging plans, and major e-bus allocation for Mumbai, Delhi and Pune....
04-Dec-25 01:02 PM
Read Full NewsElectric Three-Wheeler Passenger Sales Report (November 2025): Mahindra, Bajaj, and TVS Lead the Market
India’s November 2025 electric passenger 3W sales show Mahindra leading, Bajaj growing, and Omega Seiki posting the highest MoM rise. Full OEM-wise performance inside....
04-Dec-25 10:38 AM
Read Full NewsAd
Ad

Top Tata Ace Models in India 2025: Complete Guide for Small Businesses and Last-Mile Transport
19-Nov-2025

Tata Ace Pro vs Tata Ace Gold: Which Mini Truck is Better for Your Business in 2025?
13-Nov-2025

Top 5 Buses in India 2025: Most Popular and Advanced Models for Comfortable Travel
06-Nov-2025

Top 5 Best Trucks in India 2025: Price, Features, and Specifications
31-Oct-2025

Euler Turbo EV1000 vs Tata Ace Gold Diesel: The 1-Tonne Battle Between Electric and Diesel Trucks
28-Oct-2025

Top Truck Brands in India 2025: Complete Guide to Models, Features & Market Leaders
13-Oct-2025
View All articles