Mumbai: India’s fast-moving consumer goods (FMCG) and retail companies are eyeing a surge in demand this festive season, buoyed by GST reforms that have eased compliance and reduced tax rates on certain product categories. Firms such as Hindustan Unilever, Dabur, Titan, and Avenue Supermarts are already witnessing higher footfalls and strong rural demand.
The simplification of tax structures is expected to improve supply chain efficiencies, allowing companies to push more aggressively into tier-2 and tier-3 cities. Meanwhile, rising consumer sentiment, driven by festive spending and stable inflation trends, is expected to lift sales of essentials, personal care products, and lifestyle goods.
Industry experts predict that this combination of policy support and seasonal momentum could deliver one of the strongest festive quarters in recent years, setting the tone for growth in the coming fiscal.