GST Rate Cuts Drive Decade-High Navratri Sales

GST cuts across 375 items triggered the highest Navratri sales in over a decade, lowering prices on vehicles and appliances and driving strong consumer upgrades.

Live Market Updates

Latest Financial News

positive

GST Rate Cuts Drive Decade-High Navratri Sales

GST Rate Cuts Drive Decade-High Navratri Sales
India's reduction of GST across 375 items has sparked record-breaking Navratri sales in 2025, marking the strongest performance in over a decade. The tax cuts significantly lowered prices on cars, home appliances, and essential consumer goods, encouraging higher household spending and upgrades. Both urban and semi-urban markets saw robust demand, with families investing in vehicles, refrigerators, washing machines, and smartphones at accelerated rates. Retailers reported double-digit growth across categories, crediting the GST relief for reviving sentiment and boosting overall consumption.
Tags:
  • economy
  • markets