GST 100 days: FMCG companies give thumbs up, say demand picking up once again

GST (Goods and Services Tax) has been implemented for 100 days. Meanwhile, everyday use of goods like Dabur and Godrej Consumer (FMCG) companies has raised demand one again.

Referring to this, the companies have expressed the hope that the adverse effect due to GST will be fully improved by the end of the third quarter.

After the GST was implemented, the supply chain associates had vacated the reserves. Most of the FMCG companies were badly affected by this.

Dabur India and Godrej Consumer Products Limited said that they have adapted themselves according to the changes and are expecting the situation to be fully improved by this quarter.




Dabur India’s Chief Financial Officer Lalit Malik said, “After the GST came into force, due to the market sentiment of signs of improvement and improvement, we hope that the scenario of demand in both rural and urban markets will also be improved.”

Mr. Sunil Kataria, business head of Godrej Consumers (India and SAARC) expressed similar hope, saying, “In June, the stocks, which were vacant at large, started replenishing again. This shows us a clear improvement. ”

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