A surge in demand marked India’s third quarter, fueled by GST 2.0 enhancements and robust rural economic activity. The updated GST framework slashed compliance burdens, spurring business confidence and consumer spending. Farmers reaped benefits from strong harvests and elevated procurement prices, injecting liquidity into village economies. This windfall spurred demand for durables, apparel, and daily essentials, with rural markets outperforming metros for the first time in years. Key sectors like fast-moving consumer goods witnessed double-digit growth, attributing success to targeted rural marketing and improved distribution networks. Two-wheeler dispatches climbed sharply, reflecting optimism among first-time buyers in agrarian belts.
