Consumer durables see weak Q2 demand despite GST cut: Report
A Centrum report says India's consumer durables sector saw weak Q2FY26 demand despite GST cuts, hurt by high inventories, a five-week GST transition, and an extended monsoon. Electricals grew 9% YoY, but durables remained flat as ACs and fans underperformed. Rising metal prices and upcoming BEE norms may influence sales ahead.