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Cream Stone Welcomes GST Cut, Sees Boost for Ice Cream Industry

Thursday, 04 September 2025, 17:55 IST
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  • Cream Stone welcomes the GST reduction on ice cream from 18% to 5% as a consumer friendly reform.
  • The move is expected to drive growth in India’s ice cream industry, projected to reach Rs 1,078 billion by 2033.
  • Cream Stone plans to pass on the benefit to customers, making premium ice creams more affordable across India.

Cream Stone Ice Cream Concepts has welcomed the Indian government’s decision to reduce the Goods and Services Tax (GST) on ice cream from 18% to 5%. The Hyderabad based premium ice cream brand believes the move will make ice cream more affordable for families and significantly support the overall growth of the frozen dessert industry.

The company stated that ice cream is more than just a treat, it’s a symbol of joy and shared moments. The GST cut will allow more consumers to indulge in their favorite frozen delights without hesitation, reinforcing ice cream’s place in everyday celebrations.

According to data from IMARC Group, India’s ice cream market was valued at Rs 268 billion in 2024 and is projected to grow to Rs 1,078 billion by 2033, recording a CAGR of 16.7%. Cream Stone believes this reform will help fast track that growth, benefiting sectors like retail, manufacturing, logistics, and employment.

Also Read: GST Revamp 2025: Big Relief for Consumers, Select Items Face Hike

Mr. Sheetal Patil, CEO of Cream Stone Ice Cream Concepts, said, “This reform allows us to directly pass on the savings to our customers, helping more families enjoy our premium creations”.

Founded in Hyderabad in 2009, Cream Stone has grown into one of India’s leading ice cream brands, known for its wide range of sundaes, mix ins, and take home products. With over 117 outlets in 35 cities across seven states, the company continues to focus on creativity, quality, and innovation to redefine indulgence for Indian consumers.