“The economy has witnessed high levels of inflation across industries in the past year, influenced by rising input costs and disruptions in supply chain. Recognizing these pressures, we are hopeful that the government will reduce GST to address price hike issues. We also appeal to the government to consider reduction on import duties, as high duty rates are impacting growth potential of consumer durables category especially in emerging segments like Dishwashers. We laud the government’s efforts around the PLI scheme which has given impetus to companies like us to deliver on our commitment towards ‘Make in India. We look forward to such pro-growth schemes and measures which will further accelerate the industry to manufacture locally. We are optimistic on the recovery and growth potential of the consumer durables industry with premiumization driving the category ahead.”