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Additional electronics consumption of Rs 20 lakh cr expected this year due to GST reforms: Vaishnaw
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....dditional electronics consumption of Rs 20 lakh cr expected this year due to GST reforms: Vaishnaw<BR>GST<BR>Dated:- 18-10-2025<BR>PTI<BR>New Delhi, Oct 18 (PTI) Additional electronics consumption wor....
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....th Rs 20 lakh crore is expected to take place this year due to GST reforms rolled out by the government last month, Union Electronics and IT Minister Ashwini Vaishnaw said on Saturday. The minister ....
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....said that data from all retail chains shows there were 20-25 per cent more sales in comparison to last Navaratri and there are many such categories, like 85-inch TV where stocks were completely sold o....
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....ut. "The increase in demand for electronics goods is directly impacting electronics manufacturing. Electronics manufacturing is now growing at a double-digit CAGR. It is very likely that the consump....
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....tion will increase more than 10 per cent this year, which means, there is a high possibility of Rs 20 lakh crore extra consumption compared to last year," Vaishnaw said. He was speaking at a joint p....
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....ress conference with Finance Minister Nirmala Sitharaman and Commerce and Industry Minister Piyush Goyal on savings due to GST reforms which came into effect from September 22, 2025. PTI PRS ANU ANU<B....
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