
Festive sale to hit ₹90,000 cr in FY23, 18-20% higher than FY22
75% of consumers report improved financial situations over past year. This newfound confidence is driving an interest in luxury brands, exotic travel, and new vehicles
75% of consumers report improved financial situations over past year. This newfound confidence is driving an interest in luxury brands, exotic travel, and new vehicles
While e-taliers sold goods worth ₹76,000 crore during the festive month, it was lower than Redseer's pre-sale estimate of ₹83,000 crore.
Redseer has projected a GMV of $5.9 billion for this year's festive sale.
Employees can choose to decompress however they want – whether it's spending time with near and dear ones, traveling or picking up a new hobby, says Meesho.
Sales of passenger cars—the largest segment by volumes—fell 2.65% to 179,389 units in January this year from 184,264 units a year ago.
Federation of Automobile Dealers Association said that while auto sales are still in choppy waters, initial signs of positive consumer sentiment can be seen post the dull festive season.