Food and domestic utilities were the only bundle of products to show a positive growth rate as compared to the previous, non-pandemic fiscal year (2019-20), while expenditure on all other categories fell.
Despite the lower forecast for 2022, PC shipments are expected to remain well above pre-pandemic levels as upcoming device refreshes, robust commercial demand, and uptake within emerging markets continue to be drivers for the industry, the report noted.
52 percent in India are willing to spend a premium on sustainable products, but nascent understanding, high price, availability issues, and lack of sustainable options are currently challenging purchase follow-through
The rise of online retail has brought tremendous opportunities for retailers in the home decor segment although to realize this potential, retailers need to carefully craft their market and customer acquisition strategy.
TJUK was started by Keyur Bhatia in 1994 as a boot-strapped last-mile distribution business in Mumbai from a 180 square feet operation unit. Today, the company spreads over 6 states of India and building one of India's largest sub-distribution networks.