Business Standard

Consumer companies expect strong sales revival this festival season

There are expectations of a good kharif crop as well

FMCG
Premium

Last year the consumer durables industry witnessed a revival in sales during the festive season as markets had largely opened up post the second wave of the pandemic

Pratigya YadavSharleen D'SouzaPeerzada Abrar New Delhi | Mumbai | Bengaluru
Fast-moving consumer goods (FMCG), consumer durables and e-commerce companies see strong sales this festival season as the impact of the Covid-19 pandemic wanes.

While consumer durables sales picked up last year itself, FMCG companies expect a stronger revival this year compared to the 2019 festival season, aided by increased rural spending due to good monsoon rains and higher rabi crop realisations. There are expectations of a good kharif crop as well. 

“The festival season looks great and the initial feedback from markets across the country has been good. There is an uptick in both urban and rural India compared to pre-pandemic levels,”

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 27 2022 | 11:12 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com