International Journal of Marketing & Financial Management

International Journal of Marketing & Financial Management

Print ISSN : 2349 –2546

Online ISSN : 2348 –3954

Frequency : Monthly

Current Issue : Volume 6 , Issue 1
2018

AN ANALYSIS OF GST IMPACT ON MOTORBIKE INDUSTRY IN INDIA

*Dr. Krishna Banana, **Swarna Balakrishna, ***Dr. Meeravali Shaik

*Assistant Professor & Research Director Dept. of Commerce & Business Administration, ANU Campus, Ongole,    

**Assistant Professor& Research Scholar BVSR Engineering College, Chimakurth,    ***Coordinator stores & purchases (i/c) Department of Management Dr.APJ Abdul Kalam- IIIT Ongole, Rgukt-AP

DOI : Page No : 23-31

Published Online : 2018-01-30

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ABSTRACT

                  “             Indian bike industry is one of the biggest on the planet to the extent the volume of generation and deals are concerned. Bikes shape a necessary piece of Indian streets. Running from moderateness to energy to style explanation, purposes behind purchasing a bike are numerous for Indian clients. The development in Indian Automobile Industry owed the most to a lofty upsurge saw in the bike fragment in 2015. The volume development recorded in the 2015-16 monetary year remained at an estimable 14.8 percent on a year-on-year premise. The business can possibly develop to wind up a noteworthy financial patron. The Government of India has likewise perceived the significance of Automobile industry holds in the Indian economy and consequently is at present dealing with Automotive Mission Plan 2026 to set focuses for the business for the year 2026. The Government of India has intended to execute of GST to the assembling segment in India. The goal of this investigation is the effect of GST on Automobile and bike parts in India. 'Make in India' crusade of the Government of India is additionally going to pull in more remote venture into Indian bike portion making further development openings in the coming years.

Keywords: GST, Two wheeler Sector, Economic Development and growth