GST cuts could give affordable fashion a boost, says V-Mart’s Lalit Agarwal

V-Mart, which operates small-format hypermarkets across India, focuses on affordable retail. “Our average selling price is ₹340, and almost 85% of our products are sold below ₹1,000,” Founder and MD Lalit Agarwal explained. The company derives over 70% of its sales from private labels.

GST cuts could give affordable fashion a boost, says V-Mart’s Lalit Agarwal
V-Mart, which operates small-format hypermarkets across India, focuses on affordable retail. “Our average selling price is ₹340, and almost 85% of our products are sold below ₹1,000,” Founder and MD Lalit Agarwal explained. The company derives over 70% of its sales from private labels.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

FEDA-HQ The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.