The Industry leaders - are they matured enough to pass on the duty cut benefits to the consumers ? If yes, the demand will increase. There would not be price control from the government. If the banks do not increase interest rates, this would further help in increasing demand and there by the natural demand in this favourable demographics would help corporates to sell more and make more profits.
If duty cuts are not passed on to the customers, prices will remain high reducing the demand which would eventually lead to price control and reduced consumption. This added with increase in interest rate would reduce corporate profits.
This is a great opportune time and a point for the corporate heads to take the right direction to help themselves and the nation to attain glory.
