GST 2.0 change hurts India’s FMCG development; rural demand is growing faster than urban.
According to the most recent study, the Indian FMCG sector’s sales growth slowed to 5.4% in volume during the September quarter due to disruptions caused by adjustments in the GST rate, but value growth increased to 12.9%. According to the survey, sales in rural areas continued to surpass those in urban areas for the seventh…