Archive · 29 Sep 2025
GST Rationalisation to Boost Consumption, Says Sanmar Group
The Sanmar Group Chairman, Vijay Sankar, believes that recent changes like GST rationalisation and income-tax rate cuts will help people spend more money.
He spoke at a meeting where he also talked about how important it is for India to invest in research and development, like China does.
Another speaker, TRB Rajaa, emphasized how working together between industry leaders and the government has helped Tamil Nadu grow.
Also, the HCC unveiled a new digital portal to help businesses grow.
Vijay Sankar stated GST rationalisation will improve consumption.
Sankar highlighted India's need to increase R&D investment.
TRB Rajaa emphasized the importance of industry-government collaboration.
Ramesh Dugar elected as the 80th President of HCC for 2025-26.
HCC unveiled a digital portal to support business growth.
- Who
- Vijay Sankar and TRB Rajaa
- What
- Discussed GST rationalisation, R&D investment, and Tamil Nadu's growth.
- When
- September 29, 2025
- Where
- Hindustan Chamber of Commerce
- Why
- To discuss economic growth and policy impacts.
- Key Figure
- Vijay Sankar, Chairman, The Sanmar Group
- Event
- 79th Annual Session of Hindustan Chamber of Commerce (HCC)
- Location
- Hindustan Chamber of Commerce
- R&D Fund
- ₹1 lakh crore Research Development and Innovation (RDI) Fund