Home / Industry / Retail /  These graphs reveal how Indians are splurging in festive season
Back

Festival sales have been robust as Indians throng marketplaces and e-commerce outlets with growing abandon amid a lull in the covid pandemic. The overall demand outlook is promising, at least for now, even amid the headwinds of rising inflation, a falling rupee and portends of a global recession. However, in sectors such as automobiles and smartphones, the growth has been concentrated in premium-end products, while the demand for lower-segment items is still muted, which is an indication of the long shadow of the pandemic’s K-shaped recovery.

You might also like

What will trigger Ultratech stock?

Why freight trains are switching to aluminium wagons 

This is how you lose tax benefits on health policies

Mint 
View Full Image
Mint 

Elsewhere in Mint

In Opinion, Vidya Mahambare & Praveen Kumar say the RBI needs a revised strategy. Does India really have a hunger problem? Ajit Ranade answers. Allison Schrager writes on harsh lessons in monetary lags. Long Story looks into the puzzle of Paytm's profitability.

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less

Recommended For You

Trending Stocks

×
Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout