Indian consumer market booms as tax cuts ease pain of Trump tariffs

Auto sales spike and e-commerce transactions surge during Hindu festival season

20251010N India car

India slashed the tax rate on small cars from 28% to 18%. (Photo by Takanori Okabe)

TAKANORI OKABE

MUMBAI -- The Indian consumer market is booming, thanks to sharp tax cuts blunting the impact of steep U.S. tariffs and to the Hindu festival season that cumulates with Diwali in late October.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.