While saving money may be the need of the hour because of the Covid-19 pandemic, consumers, according to a Nielsen survey, appear willing to set aside some cash for buying durable goods.
The just-released survey says 28 per cent consumers in 12 cities across the country were open to the idea of buying a home appliance in the next few weeks, even as all other discretionary expenditure, including going on a holiday, buying a two-wheeler or a four-wheeler and renovating the house, has been put on hold.
“We wanted to understand what consumers were thinking during the Covid-19 crisis, which