Blogs Cars News

Nitin gadkari’s new policies will make Toyota Innova hycross cheaper by Rs. 5.5 lakhs

Union Minister Nitin Gadkari has made headlines with his ambitious goal of eliminating over 36 crore petrol and diesel vehicles from India’s roads. He believes it’s feasible, echoing his recent proposal to reduce GST for hybrid cars. Gadkari suggested slashing the current 48 percent GST on hybrid vehicles to 12 percent, aiming to impact the market positively, including models like the Toyota Innova Hycross. This move could notably influence the pricing dynamics, particularly for the top-end hybrid variant, potentially making eco-friendly vehicles more accessible to consumers.

Toyota Innova Hycross is Team-BHP's car of 2023! | Team-BHP Corruption and Congress synonymous ...

The Toyota Innova Hycross, known for its predecessors’ success, has gained significant traction among buyers. Priced between Rs 25.72 lakh and Rs 30.698 lakh (ex-showroom) for the hybrid version, it embodies Toyota’s commitment to eco-friendly mobility. With Gadkari’s proposed GST reduction, the ex-showroom price of the Innova Hycross Hybrid could significantly decrease, making it more competitive in the market. This reduction could lead to a substantial decrease in the overall price, making eco-friendly options more appealing to potential buyers.

Furthermore, the impact of the GST reduction would extend beyond the Innova Hycross, potentially affecting other strong hybrid models like the Grand Vitara, Toyota HyRyder, and Honda City Hybrid.

Honda City Price - Images, Colours & Reviews - CarWale

These models could see comparable price reductions, making them more attractive choices for environmentally conscious consumers. Overall, Gadkari’s proposal holds the promise of reshaping the automotive landscape in India, steering it towards a more sustainable future.