Indian Auto Stocks Trounce Asian Peers on Modi’s Tax Bonanza

BloombergWednesday, September 24, 2025 at 6:20:45 AM
Indian Auto Stocks Trounce Asian Peers on Modi’s Tax Bonanza
Indian auto stocks are experiencing significant growth, outperforming their Asian counterparts by the largest margin in over a year. This surge is largely attributed to recent tax cuts introduced by Prime Minister Modi, which are expected to stimulate demand in the automotive sector. As analysts predict that these gains will continue, this development is crucial for investors and the economy, highlighting the positive impact of government policies on market performance.
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