GST rationalisation: Organised apparel retailers to see 200 bps growth lift
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India's organized apparel retail sector is projected to see revenue growth of 13-14% this fiscal, boosted by a rationalized 5% GST on apparel up to Rs 2,500. This move stimulates demand in mid-premium and value segments, offsetting a potential slowdown in the premium category due to an 18% GST hike. What's Your Reaction?
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