GST reduction to drive tyre demand; JK Tyre expects FY26 growth to be above 8%

The recent GST cuts have brought mixed impact for discretionary categories like garments and footwear. While products priced below ₹2,500 are cheaper, those above face a higher 18% GST, which is a bit of a dampener, says Kumar Rajagopalan, CEO, Retailers Association of India (RAI).

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