India's Republic Day Sales Surge: GST, Weddings Fuel 5-Year High - Whalesbook

1. THE SEAMLESS LINK The accelerated consumer spending observed during the recent Republic Day period was not a singular event but a culmination of strategic economic adjustments and cultural spending patterns. Early wedding shopping and a reduction in GST rates on several key products acted as significant catalysts, softening price points and directly stimulating demand. This provided a much-need…