24 Sep 2025 | 5 Mins Read
GST cut may boost discretionary spending in H2
Flipitmoney
Latika Chopra, JPMorgan Executive Director, expects GST rate rationalisation to be a consumption booster, particularly for discretionary categories like footwear, apparel, and consumer durables. She projects FMCG volume growth to improve from low-to-mid single digits to mid-to-high single digits in H2 FY26 and rural recovery to begin, with urban consumption remaining patchy.