Ajay Bagga: GST Reforms To Spark Consumption Boom, Boost Autos, FMCG And Real Estate

In an exclusive conversation with Business Today TV, market veteran Ajay Bagga said the next-generation GST reforms will channel fresh money into key sectors, driving a broad-based consumption boom. He highlighted staples and durables as the biggest beneficiaries of lower tax rates. Autos, especially tractors and entry-level motorcycles that dominate rural markets, will gain from GST cuts, boosting semi-urban and rural consumption. Real estate and construction material companies too stand to benefit from cement tax reductions. Bagga sees these reforms setting the stage for stronger demand, improved sectoral performance, and sustained momentum in the markets.