Hyundai Motor India Limited (HMIL), one of the country’s leading automobile manufacturers, has announced a significant price reduction across its popular vehicle portfolio following the government’s latest Goods and Services Tax (GST) reform. The company confirmed that the revised prices, effective from September 22, 2025, will see models like the Creta, i20, Verna, Venue, and Tucson become more affordable for Indian buyers.
The price cut ranges from ₹60,640 on the Hyundai Verna to a massive ₹2.40 lakh on the premium SUV Tucson, making this one of the biggest pricing updates in recent years.
GST Reform Triggers Industry-Wide Price Reductions
The decision by Hyundai Motor comes shortly after the 56th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, which approved a revamped two-slab GST structure.
The new system has eliminated the previous 12% and 28% tax brackets, simplifying it into just 5% and 18%, with the exception of 40% GST on luxury and ‘sin goods’ such as high-end SUVs and premium imports.
This reform is expected to make passenger vehicles more affordable and boost overall demand. Several automobile manufacturers, including Tata Motors, have already announced they will pass on the full benefit of GST cuts to their customers.
Hyundai Motor’s Commitment to Customers
In a statement, Unsoo Kim, Managing Director of Hyundai Motor India, welcomed the government’s move and confirmed that customers would enjoy the full benefit of GST savings.
“We sincerely appreciate the progressive and far-sighted move by the Government of India to reduce GST on passenger vehicles. This reform is not only a boost to the automotive industry but also a strong step towards empowering millions of customers by making personal mobility more affordable and accessible,” said Kim.
He further added that Hyundai Motor remains committed to aligning with India’s vision of ‘Viksit Bharat’, and the company’s cars and SUVs will continue to deliver value, innovation, and joy of driving.
Price Cuts Across Hyundai Models
Hyundai Motor shared a detailed list of the revised prices across its popular models. The savings vary depending on the vehicle segment and variant, with entry-level hatchbacks and sedans becoming more affordable, while SUVs enjoy bigger cut s.
Revised Price Benefits on Hyundai Motor Cars
Model | Price Reduction (₹) |
---|---|
Hyundai Nios | 73,808 |
Hyundai Aura | 78,465 |
Hyundai Exter | 89,209 |
Hyundai i20 | 98,053 |
Hyundai i20 N Line | 1,08,116 |
Hyundai Venue | 1,23,659 |
Hyundai Venue N Line | 1,19,390 |
Hyundai Verna | 60,640 |
Hyundai Creta | 72,145 |
Hyundai Creta N Line | 71,762 |
Hyundai Alcazar | 75,376 |
Hyundai Tucson | 2,40,303 |
Festive Season Boost for Buyers
The timing of this price reduction is crucial. With Navratri, Diwali, and other festive occasions around the corner, automakers typically see a surge in bookings and deliveries. Hyundai’s decision to immediately implement the reduced prices is expected to fuel strong demand in the coming months.
Industry experts believe that savings crossing ₹1 lakh on several models will attract first-time SUV buyers and encourage existing owners to upgrade to higher-segment vehicles.
According to Hyundai Motor , this initiative ensures customers across India can buy their favourite Hyundai cars at more accessible price points, enhancing the joy of ownership this festive season.
Industry-Wide Impact of GST 2.0
Hyundai Motor is not alone in slashing prices. Tata Motors has also confirmed it will pass on full GST benefits across its commercial vehicle range from September 22, 2025. Other passenger vehicle makers like Mahindra, Maruti Suzuki, and Toyota are expected to follow suit in the coming days.
The automotive sector, which has faced headwinds from high interest rates, rising input costs, and subdued rural demand, is likely to benefit from this reform. Analysts predict that the GST cut will stimulate demand, particularly in the mass and mid-size SUV segments, where competition is intense.
Hyundai’s Strategic Positioning
Hyundai Motor has long maintained its position as India’s second-largest car manufacturer, with strong performers like the i20 hatchback, the Creta SUV, and the Venue compact SUV driving volumes.
By announcing immediate and transparent price cuts, Hyundai Motor aims to strengthen consumer trust and attract a larger share of buyers during the festive season. This move also reinforces its commitment to affordability while balancing innovation and premium features.
What Customers Can Expect
For customers, the message is clear: now is the right time to buy a Hyundai Motor vehicle. With significant price reductions, enhanced affordability, and the availability of popular models across dealerships, Hyundai cars are set to become more attractive in both urban and rural markets.
The new GST regime also simplifies compliance for automakers, reducing complexity in pricing and invoicing, which could lead to smoother operations and better supply chain efficiency.
Hyundai’s proactive move to cut prices across its portfolio marks a historic moment in India’s automotive sector, combining tax reform with consumer benefit. From the budget-friendly Aura to the luxury Tucson, nearly every buyer now has a reason to consider upgrading to a Hyundai Motor vehicle.
As India marches toward becoming a global automotive hub, reforms like these, coupled with automakers’ responsiveness, will play a pivotal role in driving growth, accessibility, and innovation in the industry.
Disclaimer: This article is for informational purposes only. Prices, offers, and policies are subject to change as per company updates and government notifications. Customers are advised to verify details with authorised Hyundai Motor dealerships before making a purchase.