Retailers report 11% growth during festive period as GST reform improves consumption

Indian retail saw an 11% growth during the recent festive season. This uplift was driven by a GST cut, encouraging consumers towards value-driven purchases. Apparel and footwear below Rs 2,500 performed well. Food, grocery, jewellery, and footwear also saw significant growth. West India led the regional performance. This indicates a positive consumer response to economic incentives and seasonal demand.