The sector recorded a modest 7% growth between October 7 and December 1, compared to the same period last year. This fell short of the anticipated 10% growth, as revealed in RAI's 56th Retail Business Survey.
"Consumption growth has been subdued throughout the year, prompting retailers to boost business through promotional offers and encouraging festive purchases," said Kumar Rajagopalan, CEO of RAI.
Denne historien er fra December 31, 2024-utgaven av Financial Express Pune.
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Denne historien er fra December 31, 2024-utgaven av Financial Express Pune.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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