Over the inventory of SKUs with old prices, Satish said, “The dealers who are holding inventory, we have already communicated to them that, from Sept. 22, they should sell at the new GST. We have asked them to change the MRP stickers. Even in our warehouses, we are changing it.”
Currently, India is the fourth-largest market for Shandong, China-based Haier Group Corporation, and Satish expects it to become one of the top three markets globally in the next 4-5 years with a sales revenue of $2 billion.
