comparemela.com

Latest Breaking News On - Mobisy technologies - Page 4 : comparemela.com

Untimely Rains Dilute Summer Consumer Sales

Sales of daily essentials and groceries, as well as electrical goods such as air-conditioners and refrigerators, fell sharply in the June quarter, hurt by unseasonal rains leading to a less-than-torrid summer in parts of the country and consumers continuing to cut back discretionary spends.

summer consumer: Untimely rains dilute summer consumer sales

Sales of daily essentials and electrical goods declined in the June quarter in India due to unseasonal rains and consumer spending cuts. The fast-moving consumer goods (FMCG) market fell 5%, with the beverages category dropping 28%. Neeraj Khatri, CEO of Wipro Consumer Care, stated that despite improved margins and volume growth, overall growth was still muted, particularly in rural areas.

Jagdish Sheth School of Management records 100 per cent placement for Industry Internship Programme (IIP)

Rural India back with a bang, leaves cities behind in consumption

The overall consumer goods market saw demand getting hit in May but recovered sharply in June and July. Rural markets, which had been more resilient, also saw interventions with free supply of food grains, direct transfer of money and the outlay on the rural jobs guarantee programme helping to ensure that demand would be durable.

Rural India Outpaces Urban Areas In Demand And Consumption In July: Report

Rural India Outpaces Urban Areas In Demand And Consumption In July: Report
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.