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Full recovery in consumer durables will be long drawn affair: Analysts

Analysts expect companies to shift focus to online platform in order to boost sales in these Covid-19 impacted times

Topics
Markets | consumer durable stocks | Consumer Durables

Puneet Wadhwa  |  New Delhi 



Consumer goods companies, hike in consumer goods, crude oil prices, crude oil, metal prices, World Bank, fast movng consumer goods, FMCG, consumer durables, macro econmics, rupee depriciation, Indian currency, dollar price, commodity price, goods and
According to Goldman Sachs, e-commerce growth in India is expected to rise up to 33 per cent in 2021

Even as companies prepare for the festival season in the hope of Dussehra and Diwali triggering a sales uptick, analysts caution that recovery in this segment will be a long-drawn-out affair. Investors, they suggest, should put in money from a 12–18 month perspective — that too on a decline.

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First Published: Tue, September 15 2020. 09:54 IST

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