Reliance Retail growth

  • India Achieves Record-Breaking Navratri Sales Following GST Reforms: Automotive and Electronics Sectors Lead Consumer Boom

    India Achieves Record-Breaking Navratri Sales Following GST Reforms: Automotive and Electronics Sectors Lead Consumer Boom

    Oct 03, 2025 05:40 pm CST

    India's consumer economy records its highest Navratri sales in over a decade, driven by the Modi government's NextGen GST reforms. The automobile sector saw extraordinary growth with Maruti Suzuki doubling sales and delivering 1.65 lakh vehicles in eight days. Consumer electronics retailers experienced significant increases, with Haier reporting 85% sales growth and strong demand for premium products. The rationalization of tax rates has stimulated confident consumer spending across essential and aspirational categories.