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The FMCG sector is undergoing a significant transformation with the introduction of GST 2.0, which simplifies tax rates and is expected to enhance consumption, particularly in essential goods. The reform is anticipated to boost affordability, stimulate demand in rural markets, and improve profitability for key players like Britannia and Nestlé. Analysts recommend upgrades for several companies in the sector, highlighting the positive long-term implications of these changes on growth and consumer spending.

Author

Urvesh Sonar

Language

EN