Devarajan Iyer

After a surge in spending across various segments—from clothing to automobiles—driven by revenge shopping in the post-pandemic period, India's retail sales growth is now slowing down. Excluding the pandemic year, Zara, the world's largest clothing retailer, and...

Retail sales in India experienced a sudden halt in 2023, with the growth rate in sectors like apparel, footwear, beauty, and quick-service restaurants (QSR) dropping by half to a mere 9% following two years of pandemic-induced...