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.

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