MUMBAI -- The Indian consumer market is booming, thanks to sharp tax cuts blunting the impact of steep U.S. tariffs and to the Hindu festival season that cumulates with Diwali in late October.
Auto sales spike and e-commerce transactions surge during Hindu festival season

India slashed the tax rate on small cars from 28% to 18%. (Photo by Takanori Okabe)
MUMBAI -- The Indian consumer market is booming, thanks to sharp tax cuts blunting the impact of steep U.S. tariffs and to the Hindu festival season that cumulates with Diwali in late October.