- CEAMA is advocating for rationalization of GST on energy-efficient appliances to boost their adoption and industry growth.
- The consumer durables industry is expected to reach ₹1.5 lakh crore by 2025.
- The industry has seen 15-20% value growth during the festival season, driven by demand for mid
- and premium segment products.
- The wedding season has provided a boost to post-festival season demand.
- The industry is hoping for good summer season sales next year.
- The PLI scheme for the industry is expected to boost the component ecosystem for air-conditioners.
- CEAMA is pushing for a reduction in GST on energy-efficient products.
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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