India’s consumer economy achieved its highest Navratri sales in over a decade, driven by record consumption across the automobile and consumer electronics sectors. This unprecedented surge is attributed to the Narendra Modi government’s NextGen GST reforms , which rationalised tax rates, lowered product prices, and significantly boosted consumer confidence and aspirations.
The tax relief has empowered families to spend more freely, leading to record-breaking upgrades in vehicles and home appliances.
Record Boom in the Automobile Sector
The automotive industry experienced an unparalleled sales momentum, with several major manufacturers reporting their best-ever Navratri performance:
Maruti Suzuki: Sales doubled from last year, marking the best-ever Navratri in at least a decade. The c