News
Consumer goods distributors, wholesalers to bear the brunt of GST: Report
- Date:
- March 23, 2017
- Source:
- MoneyControl
Consumer goods distributors and wholesalers will face the brunt of the Goods and Services Tax (GST) as companies look to shift to direct distribution channels to save money, according to an Edelweiss report. The report said that HUL has more than tripled its direct reach from 0.9 million outlets in 2009 to 3.2 million in 2013, while Godrej Consumer has expanded its urban di…