In order to boost the local automotive market is still weak, the Indian government has to tax incentives for the automotive industry to extend for six months, will continue until the end of the year.

     After the Indian government introduced a temporary budget, local market small cars, motorcycles and commercial vehicles dropped by before the consumption tax to 12% 8%, SUV and large car tax rate from 30% to 24%, the tax rate midsize sedan from 24% to 20% before.

     Rakesh Srivastava, senior vice president of Hyundai Motor India Sales and Marketing, said: "This measure came just in time; I believe that the automotive industry will have plenty of time to achieve recovery we expect the tax cuts would promote a positive situation holiday season, simultaneously. Listing of the new car will also create the right environment for growth industry. "