India saw record consumer spending of ₹6 lakh crore in 30 days during the festival season, boosted by GST cuts on nearly 400 product categories. Sales across sectors like cars, electronics, and kitchenware surged, aiding economic recovery from US import levies. Automakers and financial firms reported strong growth, though supply chain disruptions and pent-up demand remain concerns.
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03:18 pm on
07 Nov