India's consumption revival broadens on premiumisation, quick commerce and rural demand
Experts see recovery widening as Q1 updates from staples, jewellery and discretionary retailers show strong momentum. V-Mart revenue up 15%, Baazar Style Retail up 19%, quick commerce growing 30-40%. Margins expected to improve in H2 FY as commodity costs ease.
Experts see India's consumption recovery broadening, led by premiumisation, online/quick commerce and rural demand. Q1 updates from staples, jewellery and discretionary retailers show strong growth; margins expected to improve H2 as commodity costs ease.