He said the finance ministry has received multiple representations from car manufacturers, dealers and many of the stakeholders regarding the GST rate cut.
"Various OEMs (original equipment manufacturers) are based out of various parts of the country. The issue is whether they (the manufacturers) taking these issues with their finance ministers or not," Thakur later said while speaking to reporters on the sidelines.
He said state finance ministers should be equally aware of the challenges faced by the OEMs or the automobile manufacturers.
"Our humble request is to apprise them also so that whenever this issue is discussed in the GST Council
meeting, everyone should have their view point," he added.
Thakur had reminded the gathering that Finance Minister Nirmala Sitharaman has already suggested in the last meeting that the Centre was open to take it to the GST Council
for deliberation, and most of the decisions were unanimous in the previous GST Council meeting.
The next GST Council meeting will be held on September 20 in Goa.
Thakur said the government has already come out with slew of measures to address challenges faced by the auto industry.
"So, that is the priority our government is giving to this industry," he said.
"Let me assure you we stand by you at this juncture and we will be there to listen to your challenges as we know you are going to play the most important role in making India a USD 5-trillion economy by 2024-25," he said.
The government will consider various measures including the scrappage policy and we are working closely on that as per demand of the industry, he said.
"This industry is going to do well.... (instead of) looking at this as a challenge, we will take it as an opportunity and be among the top-three countries in automobiles in the world," he said adding that the companies "can do it... whatever decisions we have to take, we will take."