India’s struggling consumer goods sector pins its hopes on Budget 2020

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Consumer & Internet

India’s struggling consumer goods sector pins its hopes on budget 2020

27 Jan 2020

1 min read

“High GST rates on mass consumption items have hit sales. Items like detergents and shampoos are under the upper GST tax slab of 18%,” said Madhur Singhal, leader in the finance sector and managing director, PGA Labs, a Gurugram-based market research agency.

Featured Leader: Madhur Singhal

This article was originally published on Quartz India. Read more.

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India’s struggling consumer goods sector pins its hopes on Budget 2020 | PraxisGA