Modi's swadeshi push lands ahead of new GST rates and festive shopping season
PM Modi urges Indians to buy local goods as GST rate changes take effect Sep 22, 2025, coinciding with the Amazon-Flipkart festive sales window. Income tax cuts, a ₹3 lakh crore PLI scheme, and a 100 bps RBI rate cut aim to lift consumer demand and domestic manufacturing.
PM Modi's swadeshi call urges Indians to buy local goods ahead of new GST rates and the Amazon-Flipkart festive shopping season, alongside income tax cuts and PLI schemes aimed at boosting consumer demand and domestic manufacturing.
Why this matters
Follows Flipkart's launch of Minutes for 10-minute delivery across 19 cities ahead of Big Billion Days and Walmart's $16bn stake signaling India retail FDI upside. Policy tailwinds now amplify the festive demand opportunity.
Retail-company signals steady at 4,142 over the past 90 days.