India’s consumer economy witnessed its highest Navratri sales in over a decade, boosted by the next-generation Goods and Service Tax reforms that reduced tax rates and made products more affordable, government sources said.
These measures not only lowered prices but also unlocked consumer aspirations, enabling families to upgrade vehicles, invest in home appliances, and spend more freely on lifestyle goods, turning festive cheer into “record-breaking” consumption, the sources said.
Navratri festival commenced on September 22, coinciding with GST cuts on hundreds of items, and ended on October 2.
Car maker Maruti Suzuki’s Navratri sales doubled from last year, the best-ever in at least a decade. The company reported 3,50,000 bookings with nearly 2,50,000 pending bookings. By end