Sellers expect 15% uptick this festive season
A median growth of 26% in sales and a minimum 15% growth from the previous year is expected by the sellers.
festive season
September 2023
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October 2022
September 2022
November 2020
October 2020
Residential sales poised to touch 10-yr high in 2023: CBRE
On the back of strong demand momentum, CBRE estimates the housing market will further bolster in the upcoming festive season in H2 2023
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
June auto retail sales up 10%; dealers gear up for festive season
In comparison to pre-COVID levels, the overall auto retail marked a marginal decrease of 3%, with 2W as the sole laggard
Auto sector kicks off festive season with 10% growth in PV sales
FADA says October will see auto retail on high grounds, with dealers anticipating the month to be the “best festive in a decade” for the PV segment.
Two-third households plan festive spending this season, says survey
Two third of the respondents intend to spend money during this festival season, with half of them willing to spend over ₹10,000 on festival purchases, as per the LocalCircles survey.
Revenge consumption: consumers flock to stores as festivities near
Young fashion brand FabAlley & Indya expects festive sales in East India to grow by 70% over last year.
Vehicle registrations decline in October
India's auto industry, hurt by fall in demand due to Covid-19, sees momentary hope in the sale of tractors, signalling a buoyancy in the rural market.
Gold loses lustre as Covid-19 takes a toll
A World Gold Council report says global demand for gold has taken a beating, falling by as much as 19% in the third quarter of this year.
Smartphones to sell more online this season: Report
Offline sales traffic for smartphones is likely to divert towards online marketplaces, which, in turn, would push up online sales.
