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An update from RattanIndia Enterprises Limited ( (IN:RTNINDIA) ) is now available.
RattanIndia Enterprises Limited has announced that Revolt Motors, its electric motorcycle brand, welcomes the Next-Gen GST Reforms introduced by the GST Council. These reforms, which reduce GST on major auto components from 28% to 18%, are expected to enhance affordability and strengthen supply chains within the electric vehicle ecosystem. The unchanged battery rates and provisional refunds under the inverted duty structure will further support industry liquidity. These changes are anticipated to boost manufacturing efficiency and accelerate electric vehicle adoption in India, aligning with the country’s vision of Atmanirbhar Bharat. Revolt Motors aims to continue leading the charge in clean mobility, supporting the government’s sustainability goals and making electric vehicles more accessible to the Indian population.
More about RattanIndia Enterprises Limited
RattanIndia Enterprises Limited operates in the electric vehicle industry, focusing on the production and distribution of electric motorcycles through its subsidiary, Revolt Motors. Revolt Motors, established in 2017, is a pioneer in India’s electric vehicle market, known for introducing the country’s first AI-enabled motorcycle. The company is committed to promoting clean mobility and offers a comprehensive range of genuine parts and accessories to enhance the electric riding experience.
Average Trading Volume: 1,902,405
Technical Sentiment Signal: Buy
Current Market Cap: 85.69B INR
For a thorough assessment of RTNINDIA stock, go to TipRanks’ Stock Analysis page.