Budget 2025 impact: Consumer goods firms gear up to cash in on the cash in hand

Manufacturers of consumer goods, including electronics and two-wheelers, are set to increase production of entry-level products due to recent income tax benefits in the budget. These incentives are designed to stimulate demand for mass market items, which have struggled amid inflationary pressures. The government's tax relief measures aim to enhance consumer spending power and boost the overall market appeal of affordable goods. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FMCG-Cons. Products-Industry-The Economic Times