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Indian Consumer Landscape

Indian consumer spending likely to be higher this festive season: Report

Indian consumer spending is expected to be higher this festive season, on the back of increasing purchases of celebratory items and luxury goods, according to a survey by Deloitte. Deloitte's ConsumerSignals research said that about half of the participants believe they can effectively handle significant unexpected expenses in the near future. "With the festive season nearing, Indian consumer confidence is increasing, with 56 per cent indicating their readiness to spend on celebratory items," it added. In the short term, the survey said, consumer spending is set to rise, particularly in clothing, personal care and recreation, entertainment and leisure. "These trends point to increased spending as the festive season nears," it said. Rajeev Singh, Partner and Consumer Industry Leader at Deloitte Asia Pacific said that healthy growth in India's economy is encouraging consumers to embrace premium and luxury spending. "This shift extends across consumer durables, travel, and hospitali

Indian consumer spending likely to be higher this festive season: Report
Updated On : 21 Sep 2023 | 5:17 PM IST

Consumers in India becoming smart shoppers due to rising inflation: Study

Commerce media company Criteo conducted a survey of over 1,400 consumers in India to see how inflation has affected shopping behaviour

Consumers in India becoming smart shoppers due to rising inflation: Study
Updated On : 14 Feb 2023 | 7:13 PM IST

Cyclical or structural? Decoding the nature of India's economic slowdown

A slowdown in consumption demand, decline in manufacturing, inability of the IBC to resolve cases in a time-bound manner and rising global trade tension is impacting India, analysts say

Cyclical or structural? Decoding the nature of India's economic slowdown
Updated On : 03 Sep 2019 | 11:14 AM IST

Profiling online shopper: Non-metros, regional languages new superstars

Real and virtual worlds collide while regional takes the lead as consumers speed down the digital highway

Profiling online shopper: Non-metros, regional languages new superstars
Updated On : 26 Apr 2018 | 9:55 PM IST