Ajay Bagga: GST Reforms Will Trigger A Strong Consumption Boom Across Key Market Sectors

In an exclusive conversation with Business Today TV, market veteran Ajay Bagga hailed the government’s next-generation GST reforms as a game changer for consumption and growth. He highlighted strong enthusiasm across industries—from car dealers expecting a bumper festive season to FMCG players cheering lower tax rates. Real estate too welcomed GST cuts on cement, which account for 12–14% of construction costs, easing housing affordability. While markets reacted cautiously amid expiry pressures, Bagga sees a powerful consumption-led multiplier ahead, boosting sectors, driving investments, and supporting sustained market momentum.