Nine-day Navratri festival saw retailers witness the highest footfalls in two-three years across segments such as automobiles, consumer appliances, and apparels
Changes in the income-tax, likely good monsoon and the on-going above normal Rabi acreage along with higher MSPs are the key triggers analysts are betting on for the consumption revival
The question remains whether rural households that experimented with a packaged branded atta or packaged branded detergent will continue to use the same
Between March and May, consumer sentiments in rural India fell more than twice as much as in urban India
With several state governments announcing local and state-wide lockdowns, economic impact would not only dent rural households' fragile financial health, but rural consumption is also decreasing
Bharat is suffering on multiple counts
Looks like India's demand curve has shifted downwards for a couple of years at least, writes Shailesh Dobhal
Despite the Covid-19 pandemic, consumption will continue to grow at a steady pace, the consultancy says, tripling in size in 10 years
An EcoScope report of Motilal Oswal Financial Services says that while urban consumption declined 18 per cent year-on-year
As demand rises, supply would increase correspondingly and so would employment and overall growth
Rural buying 41% of the total during Apr-Aug
The company is now less dependent on exports compared to the first quarter, he added
A recent report by Credit Suisse cautions that the spread of Covid-19 infections to Tier-III and -IV cities could stall the growth momentum
The domestic biscuits market is estimated to have grown between 15-17 per cent in Q1, led by in-home consumption in urban areas and migrants making their way back to the countryside.
According to Nielsen, both urban and rural sales are growing but the recovery/sales from the undeveloped semi-urban/rural quarters are much faster
Capital allocation, urban volumes, new regime key factors to be seen
A slowing economy pushes the two to come together to develop a joint engagement platform for rural consumers
The appliances and consumer electronics industry is projected to double to Rs 1.48 lakh crore by 2024-25, according to a report. The market is expected to see acceleration in growth on account of surging rural consumption, reducing replacement cycles, increasing penetration of retail, a wide choice of brands and products at various price points, it added. The industry had a total market size of Rs 76,400 crore in 2018-19, in which Rs 32,200 crore was contributed from domestic manufacturing, according to the joint report by CEAMA and Frost & Sullivan. The report is based on product categories, which include air conditioners, refrigerators, washing machines, television (TV) and audio. "The overall market size of the five categories covered in this project for the year FY19 is 76,400 crore and the market is estimated to grow at a CAGR (compound annual growth rate) of 11.7 per cent till FY25," the report said. It also suggests that domestic value addition for "ACE (appliances and ...
Chorus to make junk NSO report public grows
Rural parts of Haryana and Maharashtra saw an 18 per cent fall in consumer spending in 2017-18, compared to 2011-12