Sectoral Impact of GST Implementation in India: Effects on Growth, Profitability, and Competitiveness Across Major Industries

This research examines the effects of Goods and Services Tax (GST) implementation on six key sectors in India—Information Technology, Fast Moving Consumer Goods (FMCG), Online Shopping, Automobile, Small Scale Enterprises, and Entertainment—during the period 2017-18 to 2022-23. Through analysis of secondary data from industry reports and scholarly literature, the study investigates growth patterns, profitability metrics, competitive dynamics, and sector-specific challenges. Results indicate that while GST enhanced competitiveness across sectors, its impact on growth and profitability varied considerably. Larger organized sectors such as IT and automobile experienced positive outcomes, while traditional sectors and small-scale enterprises encountered initial adaptation difficulties. The research also explores GST's influence on employment, investment, and innovation across these sectors, offering recommendations for maximizing GST benefits and addressing sector-specific challenges