Though the wedding season lasted till December 15, consumers may have advanced their purchases," dealers told FE. Similarly, several buyers postpone their purchases to January, so that they get a product manufactured in the new year, dealers added.
In November, retail sales rose 16% year-on-year, while despatches by the companies to their dealers contracted by 1%. Manufacturers have been looking at reducing their stock levels before welcoming 2025 as older stocks find no takers in the new year.
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