"The sales haven’t taken off yet and so far we haven’t seen the usual Onam rush. Of this, about 50 to 60% of the sales happen during Onam festival extending to about two months. All the wedding purchases seem to have got over by June before GST came into being. After heavy sales before GST some of the dealers have not re-stocked adequately for Onam sales particularly in big centres like Kochi. The peripheral towns are doing better in sales," said Alex K Babu, chief investment officer of Baby Marine Ventures Group, which owns large warehouses.But the trend of big Onam sales seems to be changing, perhaps due to the influence of the online sales market. "

Source: Economic Times September 01, 2017 13:12 UTC