72-year-old Sattuva Motiram Chavan and his wife Ganga Bai, 68, work hard, manually beating iron with hammers in the hot afternoon summer on a state highway in Shamirpet, 20 km from Hyderabad. Working virtually an entire day will fetch them a couple of hundred rupees. "That is if the contractor comes to collect these," Sattuva explained. "Sometimes he comes 2-3 days later and till then we are just waiting."
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The increase in production is to cater to the increased demand because of the festive season and revised GST rates.
The development coincides with the surge in sales fuelled by revised GST rates and festive demands.
India's consumer economy has achieved its highest Navratri sales in over a decade, a surge attributed to the Modi government's NextGen GST reforms, which reduced tax rates and increased product accessibility.
The Yamaha R3 and the MT-03 have received a price cut of Rs 20,000 following the revision in GST rates.
The sales of Suzuki Motorcycle India were supplemented by reduced GST rates and increased demand because of the festive season.
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