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SIAM President Shailesh Chandra on RBI Policy
This story was originally published at 13:12 IST on 5 December 2025
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MUMBAI/NEW DELHI - Shailesh Chandra, president, Society of Indian Automobile Manufacturers and managing director and chief executive officer, Tata Motors Passenger Vehicles Ltd., said the following on the Reserve Bank of India's fifth bi-monthly monetary policy for 2025-26 (Apr-Mar) detailed on Friday:
A 25 basis points rate cut announced Friday by the Reserve Bank of India, along with earlier repo rate reductions, reinforces a supportive monetary environment for boosting consumer sentiment in the country. Coupled with the income-tax relief, measures announced in the Union Budget 2025-26, and the landmark Goods and Services Tax 2.0 reforms, they are strong enablers for further enhancing affordability and accessibility. The Society of Indian Automobile Manufacturers remains optimistic that this alignment of monetary and fiscal measures will further accelerate growth of the Indian auto industry. End
Compiled by Narayana Krishna
Filed by Nishant Maher
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