Chennai-based two-wheeler manufacturing company TVS has also announced its price reduction. From July 1, when GST is being implemented in India, there are many wonderful offers in the automobile sector is available.
In fact, it is being seen as a pre-GST effect because, after the GST implementation, major changes in prices will be seen, which is natural that the automobile sector will get a recession. Although earlier it was said that after the GST was implemented, the prices of bikes would increase by a few percent.
But now many companies have said that after the GST is implemented i.e. the price of many bikes companies will be reduced from July 1. At the same time, TVS is offering discounts between Rs 1600 and Rs 2300 in the prices of its bike.
About the implementation of GST, KN Radhakrishnan, President, and CEO of TVS Motor Company, said that after the implementation of GST, the automobile sector will be easier in business than before. Which will be directly benefited by the customers.
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