The reduction in GST rates on several household items of mass consumption has engendered positive consumer sentiments and retailers and consumer goods companies are anticipating double-digit growth this festive season.

Companies pointed out that with the implementation of GST 2.0, consumers are approaching retailers and showrooms across the country, including in metro, tier 2, and tier 3 markets.

Early stage

“I expect that with the GST change, it will boost the business here during the festival season. So it’s very early to say how much it will impact and because it’s still a very early stage of what we have seen so far. This quarter is always one of the most important quarters for us, not only for us but for the industry during this festival peak. We are always planning with double-dig

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