Dabur, HUL, and Marico are in the spotlight as the GST rate for everyday essentials like shampoo, hair oil, soaps, and toothpaste has been slashed to 5%.

Dabur, HUL, and Marico are in the spotlight as the GST rate for everyday essentials like shampoo, hair oil, soaps, and toothpaste has been slashed to 5%.

Indian Finance Minister Nirmala Sitharaman has announced significant reforms to the Goods and Services Tax (GST) structure, aiming to ease the burden on common citizens and boost demand. The reforms include slashing GST rates on various fast-moving consumer goods...
Dabur, HUL, and Marico are in the spotlight as the GST rate for everyday essentials like shampoo, hair oil, soaps, and toothpaste has been slashed to 5%.

Major companies like Dabur, Nestle, and Emami are putting brand expansions on hold, reducing their workforce, and delaying new product launches due to sluggish market demand and intense competition from direct-to-consumer brands.

The packaged goods industry in India is undergoing significant changes due to challenging demand conditions. Many companies are discontinuing non-performing brands, shelving expansion plans, and reducing manpower costs in anticipation of a demand revival in their core...