Tag Archives: price cuts

Mahindra Thar hits 3L sales mark in just 5 years

Posted on by
Reply

**Mahindra Thar Hits 3 Lakh Sales Mark in Just 5 Years**
*By Mudit Dube | Sep 29, 2025, 03:58 PM*

Mahindra’s iconic Indian SUV, the Thar, has achieved a significant milestone by crossing the 300,000 sales mark. This achievement comes just five years after the launch of its second-generation model in October 2020, underscoring the vehicle’s growing popularity and strong market presence.

### Market Impact: Five-Door Roxx Variant Drives Exponential Growth

A major factor behind this impressive growth is the five-door Thar Roxx variant, launched in September 2024. In just one year, the Roxx has sold 71,000 units and now accounts for nearly two-thirds of all Thar sales in the first five months of FY2026. Its family-friendly design has broadened the SUV’s appeal, attracting a wider customer base and positioning the Thar as a serious contender in the mass-market SUV segment.

### Sales Performance: Thar’s Contribution to Mahindra’s SUV Success

Since its second-generation launch, the Thar has contributed approximately 15% to Mahindra’s overall SUV sales. Between April and August 2025, it emerged as the company’s second best-selling model, trailing only behind the Scorpio twins. With recent price reductions driven by GST cuts—up to ₹1.33 lakh—and a facelifted three-door model in the pipeline, the Thar is poised to hit its next sales milestone even sooner.

### Engine Specifications and Appeal

The second-generation Thar’s three-door model has been celebrated for its blend of rugged off-road capability and daily usability, packed with modern features. Offering powerful diesel and turbo-petrol engines, it delivers superior power and torque figures compared to direct competitors. While this model has won over off-roading enthusiasts, it is the five-door Roxx variant that has truly transformed the brand’s overall sales trajectory.

Mahindra’s Thar continues to evolve, cementing its position as one of India’s most beloved SUVs and a key contributor to the company’s success story.
https://www.newsbytesapp.com/news/auto/mahindra-thar-reaches-3l-sales-mark-in-5-years/story

‘GST Bachat Utsav’ from tomorrow: PM Modi announces price cuts

Posted on by
Reply

**‘GST Bachat Utsav’ from Tomorrow: PM Modi Announces Price Cuts**

*By Snehil Singh | September 21, 2025, 5:20 PM*

Prime Minister Narendra Modi has announced the launch of a “GST Bachat Utsav” starting September 22, describing it as a next-generation reform aimed at transforming the economy. The new Goods and Services Tax (GST) rates, effective from Monday, are designed to reduce the cost of daily essentials and stimulate consumption-driven growth across India.

“This reform is not only about reducing prices but about creating new opportunities,” PM Modi said during his nationwide address on Sunday.

**Economic Impact: GST Reforms to Benefit 99% of Goods**

According to the Prime Minister, the recent GST reforms will benefit 99% of goods, which will now fall under the 5% tax slab. Simplifying the tax structure to mainly two slabs—5% and 18%—will help make common goods more affordable for everyday consumers.

PM Modi emphasized that these changes will not only lower prices but also unlock new avenues for economic growth across multiple sectors, including industry, agriculture, and services.

**Public Focus: Double Bonanza for Poor and Neo-Middle Class**

Highlighting the social impact, the Prime Minister noted that the GST reforms prioritize public welfare, offering a “double bonanza” to the poor and the neo-middle class.

“When the purchasing power of people rises, it benefits every sector—from industry to agriculture to services. This is a reform that will touch every household,” he said.

**Political Response**

Earlier, the Congress party questioned whether PM Modi would address concerns related to former U.S. President Donald Trump’s remarks on India-Pakistan relations and issues concerning H-1B visa holders. However, PM Modi’s address primarily focused on outlining the benefits of the GST cuts and the government’s broader economic roadmap.

The GST rate reductions were initially announced by Finance Minister Nirmala Sitharaman earlier this month, marking the most significant indirect tax reform since July 2017.

—

With these reforms, the government aims to boost consumption, make essential goods more affordable, and spur inclusive economic growth across the country. The “GST Bachat Utsav” celebrations starting tomorrow are expected to bring immediate relief to consumers while supporting India’s growth trajectory in the coming years.
https://www.newsbytesapp.com/news/india/pm-modi-announces-gst-bachat-utsav-from-tomorrow/story