Indian companies are reducing prices, exceeding GST cuts, to boost consumer demand during the festival season. Businesses across various sectors, from food to footwear, are implementing new price tags and informing distributors. While some sectors express concerns, most anticipate increased sales volumes due to lower prices, with industry bodies ensuring the benefits reach consumers.
Indian companies are reducing prices, exceeding GST cuts, to boost consumer demand during the festival season. Businesses across various sectors, from food to footwear, are implementing new price tags and informing distributors. While some sectors express concerns, most anticipate increased sales volumes due to lower prices, with industry bodies ensuring the benefits reach consumers.