Indian Consumer

Indian consumers are embracing purposeful spending, and balancing aspirations with financial prudence, amid evolving economic realities, a Deloitte India report said. The trend highlights the structural resilience of the consumer base, which continues to adapt to changing market conditions without compromising on long-term lifestyle aspirations, said the latest edition of Deloitte 'Consumer Signals India Chapter'. The report found a clear shift in Indian consumer spending with activity being concentrated in core categories, with spending beyond essentials picking up only in a few areas. Within travel, while overall intent has eased after the festive peak, demand is shifting towards premiumisation, with value, comfort and reliability driving preferences. "Indian consumers are entering a phase of calibrated consumption. They are becoming more mature and resilient, balancing aspiration with financial discipline and intentional decision-making," Deloitte South Asia,Partner and Consumer

Raksha Bandhan cheer rolls into the holiday break, with fashion and consumer durables eyeing a near double-digit sales lift

Casio India has commenced the sale of its locally manufactured watch models, which will not only deepen its footprint here but also mark a strategic step for its long-term vision for the Indian market. The company, part of the Japan-based Casio Computer Co Ltd, has started the sale of its three locally manufactured models through a third party, and several more watch models are in the pipeline. Earlier in September 2023, Casio had announced plans to start local manufacturing of watches in India, which is a priority market for the company. "This milestone aligns with Casio's efforts to enhance product availability, support national manufacturing goals, and respond more intuitively to Indian consumer preferences," said a statement from Casio India. Casio, which entered into the Indian market in 1996, said the decision to "Make in India" is both a strategic and symbolic step that enables the brand to become more agile and responsive in a market that continues to evolve rapidly in term

While addressing shareholders, he said, "We are growing the desirability of our offerings and building the density of our presence across key micro-markets to serve our customers better.''

Indian consumers are re-evaluating their retail choices and nearly half of them are switching to private labels, according to an EY report which highlights heightened consumer expectations of value, trust and relevance from their purchase experiences. According to the latest EY Future Consumer Index (FCI) India edition, the growing preference for private label products is transforming consumer perceptions, positioning store brands as the favoured alternative to traditional branded options. The EY Future Consumer Index tracks changing consumer sentiment and behaviours across time horizons and global markets, identifying the new consumer segments that are emerging. The 15th edition of the EY Future Consumer Index surveyed over 1,000 consumers across India, between January 24, 2025, to February 20, 2025. The report said the growing preference for private label products is transforming consumer perceptions, positioning store brands as the favoured alternative to traditional branded ...

Australian food brands seek a market of 25-30 million people in India's Tier-I and Tier-II cities, he says

The survey on 'the resilient consumer' questioned more than 10,000 consumers in 16 countries, including India

Domestic manufacturers of weighing and measuring equipment, like BP meters and cloth scales, can now get the instruments tested in India itself before selling them in the international market

Nearly half of Indian consumers said rising prices remain the biggest issue when shopping in-store

The state of the Indian consumer has been the subject of attention of a number of agencies in recent weeks

The country needs transformative change to create a vibrant consumer market and drive economic growth

India (86.0, down 9.3) still remains in very optimistic territory as per the Mastercard index

Indian consumers remain the most optimistic in the Asia-Pacific region and their outlook on economy and stock market showed highest levels of confidence even after their government's recent demonetisation measure, a report said on Monday.

Vehicles, air travel, consumer durables on an uptick; retail loan sees robust growth