High tax hindering carbonated soft drinks segment in India reach potential: ICRIER report
High taxes under India's GST regime are hampering the growth of the carbonated soft drinks sector, despite initiatives like 'Make in India' and 'Aatmanirbhar Bharat'. With a total tax rate of 40%, India has one of the highest rates globally, hindering innovation and investment. The market remains underdeveloped compared to other developing nations.
Заголовки