New Delhi: The Indian automobile sector is bracing for a shake-up after the government’s sweeping GST 2.0 reforms slashed tax rates across categories. Prices of popular cars have dropped sharply, and no brand seems more optimistic about the ripple effect than Hyundai.

According to a report from Moneycontrol, Hyundai Motor India expects the sub-4 metre SUV segment, where it sells models like the Exter and Venue, to clock the fastest growth in the months ahead. The company is preparing to ride on this shift as buyers flock to more affordable entry SUVs.

Before GST 2.0, internal combustion engine cars faced a 28% GST plus a cess ranging from 1% to 22%. For small cars, that meant a tax burden of........

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