
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.
A median growth of 26% in sales and a minimum 15% growth from the previous year is expected by the sellers.
On the back of strong demand momentum, CBRE estimates the housing market will further bolster in the upcoming festive season in H2 2023
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
In comparison to pre-COVID levels, the overall auto retail marked a marginal decrease of 3%, with 2W as the sole laggard
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 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.
Young fashion brand FabAlley & Indya expects festive sales in East India to grow by 70% over last year.
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.
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.
Offline sales traffic for smartphones is likely to divert towards online marketplaces, which, in turn, would push up online sales.