Discretionary demand on the mend in June-July; cos see full recovery in second half of fiscal year

Companies in India's discretionary consumption sectors, including electronics and retail, have reported a recovery in sales volumes since June on a year-on-year basis, which further improved in July. This could be attributed to eased inflation and a stronger manufacturing industry since April and May.

from Economy-News-Economic Times https://ift.tt/rEi0kWc
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