Consumers go shopping this Navratri:Car sales vroom on robust demand post GST cut, jumps 133% during 1st 7 days

The consumer market has gained new vibrancy with Navratri and Dussehra. People are enthusiastic due to GST reduction on many products. Different companies have shared sales figures between September 22 and September 28, marking the beginning of Navratri. During this period, car sales increased up to 133%. Daily use items (FMCG) like soaps, paste, biscuits have also seen up to 20% higher sales. In the past week, sales of cars, motorcycles, TVs, beauty products and premium watches have doubled. This year, more enthusiasm is being seen in rural areas. Maruti Suzuki, Hyundai and Tata Motors say their sales have increased by 100-133% during Navratri so far. Cars and Electronics Sales Double Maruti bookings zoom by 100%
According to Maruti Suzuki’s Senior Executive Officer (Sales and Marketing), Partho Banerjee, the company’s bookings in the top 100 cities have increased by approximately 100%. Hyundai Motor India’s Director and COO Tarun Garg says that bookings in rural markets increased by 133% between September 22-25. Sales of smartphones priced above ₹20,000 increased 1.5 times FMCG Jewellery Shopping Increased
According to FMCG sector’s Parle Products, its distributors and stockists purchased 15-20% more goods. Parle’s Vice President Mayank Shah said that these days shopping is exceeding our expectations. Tata Consumer Products MD Sunil D’Souza said that with GST reduction and increased government spending, people are saving more money in their pockets. This effect is visible in shopping. Jewelry retailer Tanishq expects strong sales during wedding and festival season. Tanishq’s Senior Vice President Arun Narayan said that GST cuts have increased people’s desire to shop. Direct savings of up to 15% on vehicles right now