Online betting ban and GST relief boost demand: Titan MD Ajoy Chawla

The online betting ban, which freed up about₹ 10,000 crore a month in the hands of consumers, couples with goods and services tax (GST) rationalisation, income tax slab relaxation and the government front-loading infrastructure investment are bolstering demand, said Titan Co. managing director Ajoy Chawla. India banned real-money games in India last August, also prohibiting all banking institutions from processing payments for such online platforms.