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Thrift shop: From furniture to cars, India’s second-hand market found its shining moment in the pandemic
Synopsis
The transition of pre-owned goods market from the unorganized to the organised sector in India appears to have had fruitful results last year.
Not very long ago, pre-owned and second-hand goods in India shared a somewhat questionable reputation and weren t always perceived to be trendy. Reason? A large part of the second-hand market comes under the unorganised sector in India, which continues to suffer with a trust deficit. However, with online marketplaces giving visibility to these dealers and resellers, their shift towards the organised sector is making them more acceptable.