India’s retail sector maintained a steady trajectory in August, recording a 10 per cent year-on-year (Y-o-Y) pan-India growth, according to a business survey by the Retail Association of India.
Building on July’s strong recovery, stable consumer demand across key regions and categories indicates strong industry preparation for the upcoming festive peak, it said.
For August this year, regional sales growth remained consistent across the country at 10 per cent, led by an 11 per cent growth in West India, which outperformed other zones.
South India followed closely at 10 per cent, matching the national average while East India and North India delivered stable growth trajectories during the month, registering 8 per cent and 9 per cent growth, respectively, RAI said.
According to the survey, essential and routine categories remained the primary growth drivers, with quick service restaurants (QSR) peaking at 15 per cent and food & grocery reaching 12 per cent during the previous …
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