New policy aims to reduce Toyota Innova Hycross price by Rs. 5.5 lakhs.

Nitin Gadkari proposes slashing GST on hybrid cars from 48% to 12% to eliminate over 36 crore petrol and diesel vehicles.

Proposed GST reduction could positively impact market dynamics and make hybrid cars more affordable.

Toyota Innova Hycross, priced between Rs 25.72 - Rs 30.698 lakh, stands to benefit significantly.

Other hybrid models like Grand Vitara, Toyota HyRyder, and Honda City Hybrid may also see price reductions.

Gadkari's proposal aims to reshape India's automotive landscape towards eco-friendly mobility options.

Proposed GST reduction encourages adoption of hybrid vehicles and reduces carbon emissions.