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FMCG

GST and real estate

Since 22 September 2025, economic excitement has been generated in the aftermath of the declaration of reduced rates of the Goods and Services tax (GST 2.0).

RIL announces plan to move into $100bn FMCG market

Margin profiles for FMCG businesses are superior to that of grocery retailers with gross margins of 40-60 per cent and EBITDA margin of 15-25 per cent versus 15 per cent and 9 per cent, respectively, for DMart.