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VERIFIEDET Finance·positive
India’s festive demand hits 5-year high: From cars and ACs to TVs, apparel and quick commerce, retailers expect a bumper Navratri-Diwali season
AI Summary
- ·Consumer demand in India has reached a five-year high during the initial festive period.
- ·Sales growth has been recorded across home appliances, automobiles, and apparel, with online platforms and quick-commerce services also reporting significant increases.
- ·Automakers and white goods manufacturers experienced strong demand and record festive sales, with expectations for continued positive momentum.